hello sir,
can i file a return under presumptive in case of partnership firm , here partnership firm have a TAN no. and deduct tds on expenses...on such firm can file return under presumptive
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Partnership Firm 44AD
Replies (4)
yes partnership firm can file income tax under presumptive basis...
even if he has tan no. and deducting a tds on service it recd ....
Yes it can
hello sir/ madam ,
i have 1 more question
my T/O is 90lakh & i shown the profit @ 6% (ie 5.5lakh) becoz .whole amount recd in bank and here i have given a partner remuniration of Rs.15lakh , so will i show a profit of Rs.5.5lakh only or disallowed amount of Remuniration will going to add on 5.5lakh
pls..revert it soon
i have 1 more question
my T/O is 90lakh & i shown the profit @ 6% (ie 5.5lakh) becoz .whole amount recd in bank and here i have given a partner remuniration of Rs.15lakh , so will i show a profit of Rs.5.5lakh only or disallowed amount of Remuniration will going to add on 5.5lakh
pls..revert it soon
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