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partnership firm

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(Querist)
29 December 2017 hey friends we started partnership firm in this year to provide coaching to students this year we got loss so we need to done tax audit or not how can we transferred loss to following years thank you
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RAJA P M

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RAJA P M (Expert)
29 December 2017 If you want transfer your Business Loss then Your Accounts will be Audit u/s 44AB. Also main thing file your ITR in or before Due Date...
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
30 September 2021 Because of loss, audit not applicable (as income is BEL)
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