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44AD

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20 November 2016 To maitain books is compulsory under sec 44AD The business type is cloth trading
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
20 November 2016 Sec 44AD is presumptive income if declare minimum 8% gross turnover no compulsion to keep books of Accounts. This is applicable if Gross turnover below crore from financial year 2016.

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