banner_ad

Audit under section 44AB

Others 417 views 5 replies
User Avatar

article
16 Points Posted on 03 August 2019
whether is it compulsory to get books of accounts audited if there is loss in partnership firm?
0 Reply Share Follow
On 03 August 2019 at 06:33 Report
Replies (5)
User Avatar

.
1044 Points Posted on 03 August 2019
according to me not needed, if loss.

https://www.caclubindia.com/articles/presumptive-taxation-an-analysis-under-different-scenario-34563.asp
Reply
On 03 August 2019 at 08:30
User Avatar

43 Points Posted on 03 August 2019
yes if u r firm income exceeds 250000
otherwise it is not
Reply
On 03 August 2019 at 09:40
User Avatar

Myself
42 Points Posted on 03 August 2019
I have told in case of loss.
you are talking about income
Reply
On 03 August 2019 at 10:05
User Avatar

17264 Points Posted on 03 August 2019
if turnover exceeds prescribed limit 1 cr then audit must even though loss
Reply
On 03 August 2019 at 11:39
User Avatar

"Do the Right Thing...!!!"
128152 Points Posted on 03 August 2019
Originally posted by : NAIMISH BORSADIYA
whether is it compulsory to get books of accounts audited if there is loss in partnership firm?

 

What is the Turn Over...?

Will You opt u/s 44AD...?

Are You Maintain (& file) Books of Accounts u/s 44AA...?

Ask with details Your query. If no more details then You / We got flat replies....

1 Reply
On 03 August 2019 at 17:21


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details