44 ad

This query is : Resolved 

04 April 2017 WHETHER AMENDMENT IN SECTION 44AD RELATING TO SHOWING OF 8% OF RECEIPTS AFTER ALLOWING SALARY AND INTEREST TO PARTNERS IS APPLICABLE FROM ASSESSMENT YEAR 2017-18 I.E. PREVIOUS YEAR 2016-17

04 April 2017 Ye, applicable from FY 2016-17 (AY 2017-18)

05 April 2017 Yes, Amendment start for A.Y. 2017-18 if you take benefit of sec. 44AD 8%.




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