DEAR ALL,
Our Firm Book Profit is 8000/- what is allowable remuneration for partners?
and can we file itr 5 with our tax audit (turn over below 20 lakhs)
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BOOK PROFIT 80000, ALLOWBALE REMUNERATION FOR PARTNERS
Replies (2)
Quick Summary
I think you are mistaken
tax audit is applicaable as per provisions of Sec 44AB.
tax audit is applicaable as per provisions of Sec 44AB.
can we file itr 5 with out tax audit (turn over below 20 lakhs)
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