Dear Sirs.,
Businesses covered u/s 44AD and Professions covered u/s 44AADA...
Then what is the other provisions like normal filing of returns?
3 Replies
Nikita Sodani
(2 Points)
Replied 23 November 2017
These are presumptive taxation scheme under which there are certain criteria. On fulfillment of these criteria you are taxed through a simpler mechanism.
However if you don't not fulfill the criteria then you have to follow the normal procedure i.e 44AA
However if you don't not fulfill the criteria then you have to follow the normal procedure i.e 44AA
ramcharan012017
(accountant)
(87 Points)
Replied 23 November 2017
The all incomes covered under 44AA...
but, Not covered 44AD and ADA...
then how can avail the benefits for not covered incomes based 44AD & ADA
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