Sec 44ad(4) & total income

alhad (article clerk) (202 Points)

02 April 2018  

IF SEC 44AD(4) ATTRACTS & TOTAL INCOME OF ASSESSEE EXCEEDS THE BASIC EXEMPTION LIMIT THEN TAX AUDIT IS MANDATORY.HERE "TOTAL INCOME" MEANS GTI OR AFTER CHAPTER VI A DEDUCTIONS OR INCOME FROM THAT PARTICULAR PROFESSION OR INCOME FROM ALL THE BUSINESSES I.E PGBP ?????? PLS REPLY.