Can any one tell me whether Section 44AF has been withdrawn from Assessment Year 2011-12. If yes then can we file return uunder no account case. Its urgent.
2 Replies
Dinesh Kumar Agarwal
(Article clerk)
(117 Points)
Replied 25 June 2011
Section 44AF is substitued by Section 44AD.
Thus section 44AF is became inoperative for the assessment year beginning on or after 1st April, 2011.
RAJ KUMAR
(FINANCE MANAGER)
(1393 Points)
Replied 25 June 2011
YES U CAN FILE UNDER SEC 44 AD OR U CAN ALSO FILE ITR-4 UNDER NO ACCOUNT CASE BUT IN THAT CASE U HAVE TO SHOW BUSINESS INCOME LESS THAN RS. 120000 AND BALANCE U HAVE TO SHOW ANY OTHER INCOME.
Recent Topics
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
Related Threads
CAclubindia
