Partnership firm loss audit issue
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2018
Dear Experts,
A partnership has incurred the loss after paying partners interest & remuneration. Pls clarify whether this firm Need to be audited or not however firm turnover is below 1 CR,
Thanks
ASAP
A partnership has incurred the loss after paying partners interest & remuneration. Pls clarify whether this firm Need to be audited or not however firm turnover is below 1 CR,
Thanks
ASAP
23 August 2018
have been you been filing returns under 44AD earlier?
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2018
No sir last year the return was filed u/s 44AB
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