My question is that Purchase commission is covered under sec.44AD and can we file return in form ITR 4S ?
Awaiting a suitable reply.
Rajesh Patel (Advocate) (38 Points)
28 December 2011My question is that Purchase commission is covered under sec.44AD and can we file return in form ITR 4S ?
Awaiting a suitable reply.
raghu
(proprietor)
(87 Points)
Replied 28 December 2011
now 44ad is applicable for any business -crieteria as per 44ad is only applicable like
turnover less thab 60 lacks- min 8 percentage of net profit is required- etc
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