44ad turnover
NICSON JOHN (513 Points)
26 July 2022NICSON JOHN (513 Points)
26 July 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14540 Points)
Replied 26 July 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 26 July 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14540 Points)
Replied 26 July 2022
There is no specific definition of Turnover under the Income tax act 1961 under section 2 of the Income tax act however Sales and other Income considered as turnover excluding Taxes . So your sales and other income less than 2 crore you can opt for 44AD
MPR Sanjay Kumar
(3098 Points)
Replied 26 July 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 26 July 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 27 July 2022
Live class on PF & ESI Enrollment & Returns Filing(with recording)