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44ad

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(Querist)
30 December 2015 Is there any need to read section 44AD with 44AB?
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Arpit Shah

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Arpit Shah (Expert)
30 December 2015 http://taxguru.in/income-tax/advance-learning-section-44ad-theory.html
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Arpit Shah

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Arpit Shah (Expert)
30 December 2015 http://taxguru.in/income-tax/faqs-tax-audit-section-44ab-income-tax-act-1961.html
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
04 October 2021 Yes, in case of profit margin of an eligible business is less than 8%, and the total income of the eligibile assessee is above basic exemption limit.

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