Question ID : 44664

TAX AUDIT - FIRM TAKEN OVER BY PARTNER

Partnership firm is taken over by a partner, all assets and liabilities at book value at 31.03.2024 and continued business as proprietor from 1st April 2024 SHOULD THIS BE REPORTED IN TAX AUDIT REPORT OR THIS WILL BE A POST FINANCIALS EVENT? IS THIS BE REPORTED IN TAX AUDIT REPORT?

posted by CA Shrawan Suthar on Jun 5 2024 12:00AM