COMMISSION INCOME IN PARTNERSHIP FIRM
This query is : Resolved
04 September 2021
One partnership firm is having only income from commision can it show less than 6% profit
Without audit ?
Books of accounts are maintained
Turnover 5 lac
Without audit ?
Books of accounts are maintained
Turnover 5 lac
04 September 2021
YES , provided sec 44AD (4) was not invoked in any preceding year/s.
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