If a partnership firm have no profit or loss is come under tax audit or non tax audit.
This query is : Resolved
21 December 2022
if a partnership firm have no profit or loss is come under tax audit or non tax audit.
Please give explanation.
Thanks in advance.
Please give explanation.
Thanks in advance.
21 December 2022
What is the turnover?
What are the percentages of cash receipts & payments w.r.t total receipts & payments respectively?
Whether sec. 44AD of the act, was opted in any preceding years?
What are the percentages of cash receipts & payments w.r.t total receipts & payments respectively?
Whether sec. 44AD of the act, was opted in any preceding years?
22 December 2022
Sir, no sale made during the year.
no cash transaction.
first time enter into return filing.
no cash transaction.
first time enter into return filing.
22 December 2022
In that case no tax audit applicable, as no turnover.
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