Audit

T.T.VIJAYAPRAKASH (properter) (253 Points)

09 May 2017  

              M/S    X FIRM RUN BY 3 PARTNER. TOTAL SALES FOR RS.25,00,000/- PARNTNER SALARY RS.180000/- INTEREST RS.24000/- PROFIT RS.33000/- (AFTER FOR PAENTER SALARY& INTEREST) FOR THE ASS-YEAR 2017-18.IF ALLOWABLE FOR PARTNER SALARY & INTEREST AUDIT U./S 44AD?  OR 8%     PROFIT  RS.20000/- ON  SALES RS.200000/-.