Section 44ad, website building proprietorship dilema
pavan K (1 Points)
24 March 2017pavan K (1 Points)
24 March 2017
vineet kumar
(Student CA IPC / IPCC)
(85 Points)
Replied 24 March 2017
Hi,
In this case Section 44ADA is not applicable since gross receipts above Rs.50 Lakhs.
So, it is required to keep and maintain the books of account under section 44AA and get audit under section 44AB.
Thanks
Regars
Vineet Kumar
Mob.+91-7770010353
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961