presumptive taxation scheme
Jeevan Vivekji (212 Points)
22 September 2018can he apply for presumptive..scheme..after maintaing of book and done..with audit
Jeevan Vivekji (212 Points)
22 September 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 22 September 2018
If he declares income under sec. 44AD with minimum 6/8% profit margin, he can escape from tax audit; ........ otherwise in all circumstances, tax audit applicable.
Jeevan Vivekji
(212 Points)
Replied 23 September 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 23 September 2018
No........ Presumptive scheme is only for declaring minimum stipulated profit......
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 23 September 2018
...............Only chance is if total income doesn't exceed 'maximum amount not chargeable to tax'
Praveen
(Consultant)
(151 Points)
Replied 23 September 2018
Good morning sir,
Where can i fill itr late fee amount in this, AY 2018-19
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 23 September 2018
@ Praveen
........ "Others'