We are in the process to finalize the accounts of a Partnership for FY-2021-22 by April 2nd Week.
Tax Audit has to be done for this .
Kindly drop a PM or you can reply to this by quoting your fees
I thought the auditor mafia had a fixed rate chart (depending on city)? Or has that changed?
In any event, if you can get this partnership to qualify to bo considered a business, and the turnover is under 2 crores, then you can declare a profit of 6-8%, pay the advance tax by 31 March and skip the tax audit.
If it can't be called a business, then you're stuck dealing with a tax audit and paying more taxes and paying the auditor too.
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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Shyam Joshi & Associates
Pune
B.Com
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CAclubindia
