Presumtive income under sec 44ad

Tax queries 129 views 1 replies
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Asst. Manager - Accountants
119 Points Joined November 2008

Hello Everyone,

I have a query regarding Presumtive Tax under Sec 44AD, if a proprietorship firm provides consulltancy services and also into job work contract.

Does he elligible for Sec 44AD. His turnover is below 1 Crore.

Thanks in Advance.

Best Regards

Shibsankar Ghosh

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On 04 October 2018 at 15:11 Report
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Please specify Your nature of Income Sources...?
You are ask plain question like "Consultancy Services, Job Work Contract".
But, It's not meaningful or Nature of work...!
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On 04 October 2018 at 16:45

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