Section 44AD
Ashish Jain (Student) (191 Points)
15 November 2018Ashish Jain (Student) (191 Points)
15 November 2018
Nitesh bind
(Student CA Final )
(12692 Points)
Replied 15 November 2018
RAJA P M
("Do the Right Thing...!!!")
(128068 Points)
Replied 15 November 2018
S M Raja
(Article Assistant )
(165 Points)
Replied 15 November 2018
you can better opt for 44AD, as per the information given by you it is clear that you are not having any other income from any other sources. if you are going to show 8% income or more. then also it will not cross 2.5 lakhs. It means you are not liable to pay any tax and also penalty under 234f. Then what is the matter of showing 8% income.
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