Partnership income tax returns
This query is : Resolved
04 December 2017
Hai Sir/ Madam
I had heard about that IT filing for Partnership firm for the AY 17-18 is to compulsarily Tax Audited. Is this is correct statement and if this is correct please explain me with related sections.
I had heard about that IT filing for Partnership firm for the AY 17-18 is to compulsarily Tax Audited. Is this is correct statement and if this is correct please explain me with related sections.
04 December 2017
https://www.linkedin.com/pulse/threshold-limit-tax-audit-ay-2017-18-ie-fy-2016-17-anoop-bhatia
https://www.caclubindia.com/forum/tax-audit-for-the-a-y-17-18-394494.asp
https://caknowledge.in/tax-audit-limit-us-44ab-increased-1-crore-2-crore/
12 October 2021
No. Not correct. Only if sec. 44AB is attracted, tax audit would be applicable.
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