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SECTION 44AD

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(Querist)
21 June 2011 IS MANUFACTURER OF PLASTIC ITEMS
COVERED UNDER SECTION 44AD

WHAT IF MANUFACTURER HAVING NET PROFIT 2%
AND NOT WANTING TO DO AUDIT?
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CA KRISHNA KUMAR DARUKA

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CA KRISHNA KUMAR DARUKA (Expert)
21 June 2011 Yes it will be covered under 44Ad. If you show net profit of 2% there is no other option but to get your accounts audited.
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NIRAV SAVLA

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NIRAV SAVLA (Querist)
22 June 2011 THANK U SIR
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