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sec 44 AD
plz provide the p &l balance sheet format of sec 44AD in Excel format..
Replies (6)
Is there any specif format for sec. 44AD/44ADA P&L accounts?
for presumptive business purpose
You can prepare based on the T/o and it's profit with financial particulars will be shown in ITR.
No more special formats. You can prepare normal BS and PandL.
No more special formats. You can prepare normal BS and PandL.
While filing your return under section 44AD you are not required to maintain books of accounts or require them to be audited.If you still want to prepare only certain particulars need to be disclosed.
penalties under the income tax act
(penalties under the income tax act) Can You Elobrate Your Details....
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