Tax audit
This query is : Resolved
07 September 2013
if in partnership firm having trading business net loss found then in 3cd report net profit ratio should be calculate or not? if yes then % found should be shown negative?
pls reply as soon as possible.
thanks
pls reply as soon as possible.
thanks
CA PARAS BAFNA
(Expert)
07 September 2013
It should be calculated even if the ratio is negative.We can show negative ratio also.
.
.
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