30 September 2008
In case of proprietorship which has been converted into partnership on 01/01/2008 and sales upto 31/12/2007 are 32.40 lacs. tell me about the applicability of Tax Audit. the prop. is also partner in the new firm. the firms sales are 8 lacs for 3 months. Please advice me in this regard from the point of view of prop. & partnership.
CAclubindia
