Partnership Firm 44AD

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hello sir,
can i file a return under presumptive in case of partnership firm , here partnership firm have a TAN no. and deduct tds on expenses...on such firm can file return under presumptive
Replies (4)
yes partnership firm can file income tax under presumptive basis...
even if he has tan no. and deducting a tds on service it recd ....
Yes it can
hello sir/ madam ,
i have 1 more question
my T/O is 90lakh & i shown the profit @ 6% (ie 5.5lakh) becoz .whole amount recd in bank and here i have given a partner remuniration of Rs.15lakh , so will i show a profit of Rs.5.5lakh only or disallowed amount of Remuniration will going to add on 5.5lakh

pls..revert it soon


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