sec 44 ad and ada

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if the real income is more than either 8pc or 50 pc of receipts respectively and claim maximum benefit ,then whether the extra benefit thus accrued is considered white or black money
in which case the sec becomes irrelevant
in other words should one opt for this section at all?
Replies (1)

When you have declared the extra earnings and paid liable tax liability, how is it called black ???


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