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U/s 44 ab

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(Querist)
18 June 2014
A service provider having Turnover Rs.12Lakhs in a P.Y... (Total Service Bill amount)

Can he file his return under presumptive taxation method u/s 44AD?

i.e 8% on 1200000 = 96000/-as income.?
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Soumitra Basu

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Soumitra Basu (Expert)
19 June 2014 YES YOU CAN FILE RETURN ON PRESUMPTIVE TAX BASIS UNDER SECTION 44AD

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