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Partners remunaration

This query is : Resolved 
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(Querist)
01 June 2017 Dear Experts.,

Partners salary, remuneration, interest allowing provision has been removed from the AY 2017-18 u/s 44AD...!!!

My Doubts are...,

Can I file ITR FY 2016-17 for Partnership firm and provide Remunaration...
If Books of accounts 'Maintained' and Without Tax Audit...?

Thanks & Regards

P.M.Raja
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Studentsca

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Studentsca (Expert)
01 June 2017 Tax Audit is not applicable if your Turnover does not exceed RS 1 Cr. You can provide for remuneration and interest as per section 40 b.
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RAJA P M

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RAJA P M (Querist)
01 June 2017 My client's Turnover exceed Rs.1cr (1.62Cr)...
But, the Tax audit Limit raised from 1Cr to 2Cr for AY 2017-18. So, What can I do...?
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Studentsca

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Studentsca (Expert)
02 June 2017 Tax audit Limit is raised to 2 Cr only if you opt for sec 44 AD. otherwise the limit remains 1 cr.
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RAJA P M

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RAJA P M (Querist)
02 June 2017 Thank you Sir.,
It's really helpful
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RAJA P M

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RAJA P M (Querist)
02 June 2017 Dear Sir.,

I have one more doubt in partnership ITR filing....!
Can I ask...?
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