Partnership accounting
This query is : Resolved
04 March 2018
If the firm has commission income of Rs.2,000. What are the tax implications?
Whether there is a liablility to maintain books of accounts & get the accounts audited?
Whether there is a liablility to maintain books of accounts & get the accounts audited?
06 March 2018
if your income is only 2000 then no requirement for maintaining books of account. You are also not required to get the accounts audited
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