Tax audit of partnership firm for a.y. 2017-18
This query is : Resolved
30 October 2017
Is tax audit is compulsory for partnership firm of turnover 42lakhs for A.Y. 2017-18? and whether benefits of interest on capital and salary remuneration can be claim of turnover 42 lakhs for A.Y. 2017-18?
30 October 2017
Tax audit not applicable if you declare 8% profit on this turnover after claiming interest and remuneration.
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