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Partnership firm full details
Sir plz tell me, tax and audit liability of educational Partnership firm,
Replies (4)
Section 44AB laid down the requirement for audit under the Income Tax Act. If gross receipt in the business exceeds the specified monetary limit, then, Audit is mandatory.
Refer section 44AB.
Refer section 44AB.
Further, in case you are operating your educationa partnership firm as a charitable trust
continuation of above
then Audit requirement is different from that if section 44AB
then Audit requirement is different from that if section 44AB
Kya 2016 ki itr bhri ja skti hai above firm ki
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