Menu
contractor presumptive rate
Sir one party doing contract work of roads and buildings he want to take presumptive basis how much he can show profit... Ad per 44ad or 44ada
Replies (1)
For 44 AD of the income tax act 1961 he has show profit 8% of totoal turnover , however for applicablity of 44AD the turnover should be less than 2 crore in the previous year. 44 ADA is not applicable because it is for profession
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
