is 44ad applicable on developing software chargeable u/h PGBP.can he show income on presumbtive basis @ 8% of turnover.
if applicable then assesse dosnt have to file advance tax return, ?????
the turnover of the assesse is 75 lakhs .
Zarra.Belal.Nomani (CS Final B.com CA Final.) (167 Points)
13 December 2014is 44ad applicable on developing software chargeable u/h PGBP.can he show income on presumbtive basis @ 8% of turnover.
if applicable then assesse dosnt have to file advance tax return, ?????
the turnover of the assesse is 75 lakhs .
Zarra.Belal.Nomani
(CS Final B.com CA Final.)
(167 Points)
Replied 15 December 2014
Originally posted by : Zarra.Belal.Nomani | ||
is 44ad applicable on developing software chargeable u/h PGBP.can he show income on presumbtive basis @ 8% of turnover. if applicable then assesse dosnt have to file advance tax return, ????? the turnover of the assesse is 75 lakhs . |