Gud Afternoon Every body,
I have a query, plz suggest me.
A partenership firm provide broadband and networking services, it raised bill,in that bill total amount of bill included goods supplied and amount of services.
if firm filled its ITR declaring income u/s 44AD, at which amount 8% is calculated either on services portion or total amount?
can the firm which provide services declared its income U/S 44AD.?
if firm filled its return of income as per normal provision basis of income tax act, but return filled after due date of filling of return of income, then what will be the prabability for scrutiny assessment?
please solve my query.
CAclubindia
