Audit u/s. 44AB for firms

This query is : Resolved 

25 January 2022 Respected Sir,
For firms to be audited u/s.44AB 8% should be taken on net profit or book profit (profit before interest & remuneration to partners) on total turnover
Thanks in advance

25 January 2022 For firms to be audited u/s.44AB 8% should be book profit (profit before interest & remuneration to partners) on total turnover




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