Question ID :
INTEREST AND REMUNERATION TO PARTNERS
T/o of P'nership firm is less than 2 Cr but more than 1 Cr. Not declaring u/s 44AD but filing with books of accounts. Profit after deducting interest to partners is less than 8%. Is Audit u/s 44AB liable or can we just upload along with balance sheet and PnL?
MITTI RAJESH DOSHI
Jul 11 2023 12:00AM