U/s 44 ab
This query is : Resolved
18 June 2014
A service provider having Turnover Rs.12Lakhs in a P.Y... (Total Service Bill amount)
Can he file his return under presumptive taxation method u/s 44AD?
i.e 8% on 1200000 = 96000/-as income.?
A service provider having Turnover Rs.12Lakhs in a P.Y... (Total Service Bill amount)
Can he file his return under presumptive taxation method u/s 44AD?
i.e 8% on 1200000 = 96000/-as income.?
19 June 2014
YES YOU CAN FILE RETURN ON PRESUMPTIVE TAX BASIS UNDER SECTION 44AD
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