TAX AUDIT FOR PARTNERSHIP FIRM
This query is : Resolved
Raghavendra
(Querist)
14 September 2019
A Contractors Firm earned Rs.10 Lakhs in the F Y 2018-19. He wants to show profit less the 8% on turnover.
Is he need to go tax audit u/s 44AB?
Is he need to go tax audit u/s 44AB?
Gokul Sharma
(Expert)
14 September 2019
if you showing income less then the limit prescribed u/s 44ad
you need to get books of account audited.
you need to get books of account audited.
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