As such no book rule...... but more the deviation, more suspecion/doubt.
U/s. 44AD ....... AO cannot ask for books and anything above 6/8% acceptable.......
So, need not worry......
Can i revise itr 1 to itr 4 or itr 3
Page no : 3
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 26 August 2018
Thank You for the reply solve my pressure... Even in case any restrictions for profit difference then please guide me for the future practice.... Thank You Sir...
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 26 August 2018
Sir.,
This view is only on 44Ad or all other sections like 44AA and 44AB....
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 27 August 2018
Good Morning Sir.,
One more doubt... A Assessee shown his profit 33% in AY 2017-18. Now in AY 2018-19 he will show 25% of profit...
Is this any problem in future...?
Please reply Sir...
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177721 Points)
Replied 27 August 2018
No problem in case the profit declared u/s. 44AD .....
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