sec 44ADA

149 views 2 replies
Hi, may i show more than 8% as presumptive income basis under sec 44ada.
Replies (2)

Anything less than 50% margin u/s. 44ADA, attracts tax audit...........

8% is for 44Ad and not for 44ada . So for 44ada u will have to declare 50% or more


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register