28 February 2018
Sir, I am Company partner ship Firm, total Turn over Rs. 10,99,595 Tax Return U/s. 44AD.Total 3 Partner, Not taken Interest Amount, Hohmuch tax liabilities
01 March 2018
For Firm tax liability @30.9%on profit minimum 8% on TO 10,99,595/-Since partner not take salary, Interest on capital only share of profit exempt in the hands of Partners.
01 March 2018
For Firm tax liability @30.9% on 8% turn over rs.1099595/--Since partner not take salary, Interest on capital only share of profit exempt in the hands of Partners.
CAclubindia
