Civil Procedure Code (CPC)

How to calulate ..taxable income of firm...for fy-2016-17


 

 

 I AM ACCOUNTANT…..            
WRITING BOOKS….20 CONTRACTS…..          
MY QUESTIONS              
HOW TO CALULATE NP @8% OF PARTNESHIP FIRM…..      
SUPPOSE TURNOVER 85 LAC….MANUFACTURING ..SWEETS……SALE RETAILE COUNTER….
                 
ONE GROUP OF CA               
85 LAC SALE….NP-680000….ON WHICH TAX IS PAYABLE,,,,,OR AUDIT    
                 
2 ND GROUP OF CA              
85 LAC SALE…    .NP-680000…. 8 % PROFIT….        
 LESS---INTERST & REMUNERATION TO PARTNERS        
THEN……..  NO NEED TO AUDIT            
                 
YET,                
ASKING  TO CA…..ALL HAVE 2 DIFFERENT OPINIONS ????      
                 
CLARIFY                
                 
ATUL EML-- LOOK4U@REDIFFMAIL.COM        
  MOB-- 9969069215            
 
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