Easy Office
LCI Learning

Section 44ad

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 August 2011 kindly let me know whether we can use Section 44AD for Manufacturing unit under audit ?
Profile Image

Preety Parik

Profile Image

Preety Parik (Expert)
18 August 2011 44AD is applicable to all business, manufacture or trading, provided the turnover does not exceed Rs.60 Lacs. U r sales turnover is probably above 60 lacs, hence u r unit is subject to audit, in that case u cannot apply prov of 44AD.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links