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Sec 44ada

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06 August 2020 Assess I.t. return filed sec 44ada 50% profit declared every year.but actually earned 65% profit present year.
Question:
Assess I.t.return shown in profit 50% in place of 65% filed accepted under I.t. act.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 August 2020 No problem no questions will be asked for the excess profit earned.

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