Sec 44 ad with refernece to partnership firm

Above calculation is right but if you have a litle bit turnover of this firm then why you are going to choose 44AD.

Better to honestly declare this loss.

I think here the person is not liable for Audit. Because his book profit is 1,60,000-4,000=1,56,000/-.

So his profit is 1,56,000/4,50,000*100=  34.66%. (More than 8%).

So the person is not liable for audit of his book of Accounts.

sir

if book profit is 156000 than allowable salry would be 150000 and taxable income would be 6000.?please clarify