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It treatment on partnership firm

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(Querist)
17 August 2019 Respected Sir,

We are having one Partnership Firm client, for claim Partner Remuneration U/s 40(b) from Book profit Audit from Chartered Account is Mandatory or not. Our Client Having turnover only 6,50,000. if he Declare profit without partner remuneration he will pay Rs.15600 plus Cess. Is there any solution for claim Partner remuneration without Audit
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
26 September 2021 He can declare just 8% profit over 6.50 L turnover; u/s. 44AD and avoid tax audit.

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