Is payment of salary to partner included within the ambit of section 40A(2)(b)? Does it is required to be disclose in Tax Audit Report?
Sudiesh
(Audit Assistant)
(527 Points)
Replied 19 September 2018
Yes salary will also fall under 40A(2)(b).
and it should be disclosed in Audit Report
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)