FY 17-18 IT RERUN FILED UNDER 44AD partnership firm

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Y 17-18 IT RERUN FILED UNDER 44AD partnership firm<br> Query (Issue) Started By: - RAHUL GAIKWAD Dated:- 30-8-2019 Last Reply Date:- 4-9-2019 Income Tax<br>Got 2 Replies<br>Income Tax<br>I have Filed ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....partnership it return for FY 17-18 u/s 44AD and declares profit 9% my turnover was arounf 4lakh. Now I am want to File regular Return and declaring 5% profit my turnover is 10 lkah in FY 18-19 . Can ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....I file IT Return without Tax Audit.? Reply By Neekita Jindal: The Reply: Hello Sir Yes you can find the regular return. But then you can not opt for Sec 44AD for next 5 years. If your taxable incom....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e exceeds 250000, you will be required to maintain books of accounts and also get the tax audit done. Reply By RAHUL GAIKWAD: The Reply: For Partnership Firm Taxable Income starts from &#8377; 1.? T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hen<br> Discussion Forum - Knowledge Sharing ....