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44AD

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 July 2011 What is section 44AD of income tax
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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
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CA Navin Jain

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CA Navin Jain (Expert)
22 July 2011 Check the following link

https://www.caclubindia.com/forum/section-44ad-not-cover-to-profession-156631.asp
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CA Navin Jain

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CA Navin Jain (Expert)
22 July 2011 https://www.caclubindia.com/forum/benefits-of-u-s-44ad-156388.asp

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