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Filing of itr under 44ADA
At the time of filing of itr under 44ADA for A.Y 2017-2018 in itr form 4 , it is mentioned there 50% of gross receipts rather than => 50% of gross receipts and same in case of 44 ad as 8% rather than => 8% of turnover, so what to do if we r showing higher % of profit
Replies (2)
In higher percentage no problem to government... U can show 100% profit and pay tax on that... That is the minimum limit.... U earn and pay all in tax... Then what is the probation to the government in this😀😀😀😀as ur wish
No more issues if we will show the profit above the notified Limits...
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