PIYUSH JAIN (CONSULTANT FOR TAX AND ACCOUNTS) (21 Points)
31 August 2024I HAVEA DOUBT PLEASE SOLVE ANYONE:-
I HAVE PARTNERSHIP FIRM WHOSE TURNOVER IN F.YR-2023-24 IS RS 10.00 LACS AND PROFIT MARGIN IS 3%.AND I HAVE TO DISTRIBUTE REMUNERATION SO IS AUDIT MANDATORY
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172295 Points)
Replied 31 August 2024
Audit u/s. 44AB is not applicable, if not opted out of presumptive asessment in any preceeding five years.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
