44AD applicability

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Student
191 Points Joined January 2012
I am a Hallmarking dealer having income from assaying charges only. I would like to know whether am I eligible to file ITR U/s. 44AD showing Nett Profit more than 8%.
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On 29 December 2020 at 21:10 Report
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Tax consultant
5895 Points Joined September 2020
You can do that
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On 30 December 2020 at 02:46
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STUDENT
1631 Points Joined August 2017
More than 8% , you can do !
If your turnover exceeds Rs .2 crore , 44AB Tax audit applicable
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On 30 December 2020 at 09:40
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Tax consultant
552 Points Joined November 2020
6% only for digital payments.
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On 30 December 2020 at 10:18
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Accountant
4533 Points Joined February 2017
Yes you are eligible
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On 31 December 2020 at 00:59


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