Income under 44AF and 44AB

praveen (Chartered Accountant) (6971 Points)

28 September 2009  

hello

If a retail business man has sales around 35 Lakhs

&

Service and phone rental business of rs.5 Lakhs, then will he be liable for audit under section 44AB.

can income be showed under 44AF.

can income from services and rental not relating to sales be shown under income from other sources.

thanks