I Have done sale of 6.5.lacs in F.Y. 18-19 of as new partnership firm but i didn't want to file ITR u/s 44AD. My nett Profit is 8.05% before partner salaries. Is Tax audit required.

Is there any time limit for getting a UDIN? What is last date to get UDIN on Balance Sheet for FY 2018-19?

DEAR SIR,

Is husk is agriculture produce or not?

what is the last date of completing audit of private limited companies and when ITR is to be filled for this ?

As it is a NPO registered under XXI of 1860
1. What would be the value of building
2. How it reflect in R/P, I/C and Balance Sheet.

KINDLY GUIDE ON WHAT IS THE PROCEDURE FOR ENROLLING /EMPANELMENT OF A CA FOR AUDIT OF CO-OPERATIVE SOCIETY ?

CAN ANY ONE SHARE AUDIT REPORT FORMAT OF RELIGIOUS TRUST UNDER TRUST ACT

In section 138 of the companies act, company is mandatorily required to appoint an internal auditor if turnover criteria is met. The question is - TO of the company for fy 16-17 us 201 crore hence appointed internal auditor in fy 17-18. Now assume the TO of the company for fy 17-18 is only 180 crores. In such a case is it necessary for the co. To appoint internal auditors for fy 18-19?

Dear Sir / Madam,

Mr A is having Rs. 90000/- loss from F&O (Turnover calculated Rs. 18.50 lakhs) and Gross Professional Receipts of Rs. 8 lakhs. His Net Professional (after expenses) income comes to Rs. 5.75 lakhs. His Net income % from Prof activities comes to 71.88%.

Whether:
1) Loss of F&O (90000/-) can be adjusted against professional income (5.75 lakhs)?
2) Is tax audit applicable as there is a loss from F&O?

Kindly guide
Suraj

Hi expert,
It is a request with respectful regarding audit case. I want to know that we had audited individual return for the financial year 2017 to 2018 because our turnover exceed so we had filed income tax return in audit by CA. And paid the minimum tax under audit. It was first year of audit. There was turnover 98 lakh rupees in the financial year 2017-2018. But there is turnover 28 Lakh rupees in the financial year 2018-2019. May I file and pay the income tax on 44AD, 8%.

Best regards,
Mohd Nasruddin