Tax audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2013
sir
in case of partnership firm having turnover of 9lacks and is incurring loss of 70000, cn it be case of tax audit u/s 44AB(c), if 8% condition is applied as it s showing lower than 8%of turnover den cn it be audit case
in case of partnership firm having turnover of 9lacks and is incurring loss of 70000, cn it be case of tax audit u/s 44AB(c), if 8% condition is applied as it s showing lower than 8%of turnover den cn it be audit case
CMA Ramesh Krishnan
(Expert)
17 July 2013
No. tax audit not apply
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