44AD
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 July 2011
What is section 44AD of income tax
22 July 2011
When the turnover is below 60L now and the profit is above 8% then you can submit your return u/s 44AD and your assessment will be completed without any notice to be issued by the AO and refund if any shall be given without much delay
22 July 2011
Check the following link
https://www.caclubindia.com/forum/section-44ad-not-cover-to-profession-156631.asp
https://www.caclubindia.com/forum/section-44ad-not-cover-to-profession-156631.asp
22 July 2011
https://www.caclubindia.com/forum/benefits-of-u-s-44ad-156388.asp
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