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Section 44ad

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(Querist)
10 August 2011 Our client has a labour contractor. He get Receipt Rs.15,00,0000/- & TDS Rs.15,000/- also deducted. Can i claim TDS as refund in filing return as section 44AD... Pls help us....
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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)
10 August 2011 Yes but the net profit should not be less than 8%
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CA Ashwani Agarwal

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CA Ashwani Agarwal (Expert)
10 August 2011 I agree with the expert.
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prakash

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prakash (Querist)
11 August 2011 thanks sir.... but books are maintain or not...

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