is AOP liable for tax audit in case of loss?
If not can u please tell me under which section/provision?
As Per Section 44AD (5) Reading Since You are facing the Loss in AOP So You are not Liable to Tax Audit.
harshal Upadhyay (103 Points)
12 July 2018
MAYANK KOTHARI
(Expert)
(26 Points)
Replied 12 July 2018
As Per Section 44AD (5) Reading Since You are facing the Loss in AOP So You are not Liable to Tax Audit.
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