AUDIT MANDATORY FOR FIRM IF FIRM PAYS REMUNERATION TO PARTNERS

PIYUSH JAIN (CONSULTANT FOR TAX AND ACCOUNTS)   (21 Points)

31 August 2024  

I 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