Tax audit of partnership firm

Page no : 2

khalid (soical work) (222 Points)
Replied 22 July 2019

[e] carrying on the business shall, if the provisions of sub-section [4] of section 44AD are applicable in his case and his income exceeds the maximum amount which is not chargeable to income-tax in any previous year,
1 Like

Tax Baddi (37 Points)
Replied 22 July 2019

Yes..
Therefore Tax Audit is applicable in ur case..

khalid (soical work) (222 Points)
Replied 22 July 2019

if you opt presumptive showing lower then 8%/6% income exceed basic exemption
1 Like


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Join CCI Pro


Subscribe to the latest topics :

Search Forum: