Partner firm income tax

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

19 July 2018  

                MRSS. A  BUSINESS FIRM  FOR TOTAL SALES RS.30,00 LAKS. AFTER   PARTNERS  INTEREST  NET PROFT RS,2,41,000/- FOR THE ASST-YEAR 2018-19

1.) IT  IS COVERED FOR  U.S 44AD? ARE REGULAR? ARE  PRESUMPTIVE BASIC

2i AS PERR IT DEPRECATION RS.145000/- ON FIED ASSETS.

3) THE DEPRECIATION  TO BE ADJUSTED IN TOTAL INCOME STATEMENT?

PL. HELP

THNAKS