Sec 44ab
This query is : Open
sankit shah
(Querist)
18 September 2017
A PARTNERSHIP FIRM HAVING TURNOVER RS.35 LAC IN F.Y. 2016-17. BUT PROFIT SHOW IN PROFIT & LOSS ACCOUNT IS ZERO AFTER DEDUCTION PARTNER'S REMUNERATION, THEN A FIRM LIABLE FOR AUDIT U/S. 44AB.
18 September 2017
Yes....
Tax Audit required. It's fall Exactly under 44AB.....
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