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Tax audit

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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
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CA PARAS BAFNA

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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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