IT RETURN

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b.com
4 Points Joined October 2015
incase a assesse having business income us44AD how the tax calculation should be.....
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On 04 August 2017 at 00:27 Report
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Proprietor
4869 Points Joined January 2010
calculation of tax on 8% or 6% of total gross receipt from the business.
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On 04 August 2017 at 08:18
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes. Assessee ll be file his ITR u/s 44AD he can show the profit 8% or above 8%.

If the assessee get his all receipts in electronic mode / bank mode then he can file profit 6%. The condition is very must for show the profit 6%.....
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On 04 August 2017 at 08:30


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