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U/s 44AB

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 January 2011 One Prop.Ship Company has two type of Works. job Works & Trading Job Works has transaction Rs. 52 lacs & trading 20 lacs. its company will be come u/s 44AB or not ? Please tele me Thanking you
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
29 January 2011 Your total turnover is above 60 lakhs, sec 44AB is applicable on your business.
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Guest (Expert)
29 January 2011 Agree with Mr. Bhagat
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