Practical point of views on Sec 44AD deemed profit vs Actual Profit

Akhil Pachori , Last updated: 28 July 2022  
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Practical Point of View in cases where Income is higher than 8%, but the person is declaring deemed profit as income u/s 44AD There are two views/interpretations coming from many taxpayers and professionals as below: 1. The much Stronger view is that the government has provided this facility t

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Published by

Akhil Pachori
(Chartered Accountant)
Category Income Tax   Report

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