Section 35d

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Querist : Anonymous

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02 July 2013 Can a partnership firm who is not liable for tax audit will eligible to claim benefit of sec. 35D.

02 July 2013 As per Section 35D(4) the assessee firm is required to get its accounts audited. Please refer Rule 6AB and Form 3AE for audit report.
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Querist : Anonymous

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03 July 2013 Thanxs sir,
A CA Firm (partnership firm) can also not liable to claim benefit of sec 35D without tax audit. Is it correct sir?

03 July 2013 Yes it is correct because no such distinction has been made in the Income-tax Law.
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