| Originally posted by : Mohammed Ali M | ||
 |
Does 44AD case needs CA sign |  |
NOT MANDATORY...
BUT, BANKS WILL ASK THE SAME IF T/O EXCEEDS 1cr
44AD.
Page no : 2
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 06 July 2019
Mohammed Ali M
(6 Points)
Replied 06 July 2019
Can we show profit more than 8% like 12% or 19.5% under 44AD
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 06 July 2019
Yes... You can show more than 8%...
Ali Ahmed Khan
(CA Student)
(245 Points)
Replied 08 July 2019
#Mohammed Ali, Also if in case Profit to Sales ratio is shown less than 8% (in case of non digital / banking receipts against sales) & 6% (in case of Digital or banking receipts against sales). than Audit is mandatory with CA attestation....
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