44ad it act

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whether an individual offers income @ 8 percent 44ad eligible for 80 c deduction
Replies (6)
yes. 8% of your net income
sir
tax payable after taking benefit of deduction become nil. lot of benefit is passed on to the assessee
please clarify 8 percent before or after 80c deduction
after 80c deduction
you can show nil tax
thank you sir


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