What are the consequence if:-
A food catering business for which Section 44AD is applicable accepts in cash of Rs 2 lakh and gives a invoice/statement/bill for the same to the service recipient.
Mistavddre (-) (91 Points)
22 December 2019What are the consequence if:-
A food catering business for which Section 44AD is applicable accepts in cash of Rs 2 lakh and gives a invoice/statement/bill for the same to the service recipient.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 23 December 2019
Section 269ST of IT act gets attracted....
Sec 44AD of the act do not override sec. 269ST..