M/S TRIISTAR PARTNERSHIP FIRM. HIS TOTAL RECT.RS,12.50LAKS FOR THE ASST-YER 2017-18. NET PROFIT IS RS.10,000/- INCLUDING PARTNER SALARY RS,1,92,000/-.UNABSORBED DEPRECATION LOSS RS.225454/- FROM THE ASST- YEAR 2016-17..
IMY QUERY
1) AUDIT U/S 44AD OR 44ADA
2) CURRENT YEAR TOTAL DEP.LOSS C/F?
3) 8% PROFIT RS.1,00,000 ON GROSS RECT LESS DEP.LOSS ADJ .RS.225454? DECLARED TOTAL LOSS. RS,105454?
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