Itr for partnership - ay 2017-18
This query is : Resolved
JEEVIKA AND CO
(Querist)
05 December 2017
Dear Sir / Madam.,
Our business is Partnership firm. Our Turn over for FY 2016-17 Rs. 38,50,000/-.
we are maintain books of accounts... My questions are
1. How to show the profit for ITR if books maintained u/s 44AA?
2. How to file without Audit?
3. Can we show Profit less than 8% sec 44AB...?
4. We are not like sec 44AD then how to file ITR?
5. Please confirm If we'll file u/s 44AA and profit above 8% then we can claim depreciation..?
please reply we are not file our ITR till date...
Our business is Partnership firm. Our Turn over for FY 2016-17 Rs. 38,50,000/-.
we are maintain books of accounts... My questions are
1. How to show the profit for ITR if books maintained u/s 44AA?
2. How to file without Audit?
3. Can we show Profit less than 8% sec 44AB...?
4. We are not like sec 44AD then how to file ITR?
5. Please confirm If we'll file u/s 44AA and profit above 8% then we can claim depreciation..?
please reply we are not file our ITR till date...
05 December 2017
1. If profit 8%
2. Show = /> 8%
3. Yes.
4. Show > 8% profit.
5. After claiming depreciation profit > 8%.
2. Show = /> 8%
3. Yes.
4. Show > 8% profit.
5. After claiming depreciation profit > 8%.
Message likes :
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JEEVIKA AND CO
(Querist)
05 December 2017
Thank you for the reply Sir...
we maintain books then we can claim Remuneration & interest before 8% or it's not allowed...
we maintain books then we can claim Remuneration & interest before 8% or it's not allowed...
JEEVIKA AND CO
(Querist)
06 December 2017
Hello sir / madam.,
please reply...
please reply...
07 December 2017
Remuneration and interest is allowable provided the profit after remuneration and
interest should be = / > 8 %.
interest should be = / > 8 %.
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