2 Replies
M.M Sachora
(Tax Professional & Advisor)
(1421 Points)
Replied 28 November 2017
what you ask please clear that first
Pardeep Garg
(CA-Final Student)
(801 Points)
Replied 29 November 2017
sec 44AD is applicable on Resident Individual/huf/firm(not toLLP).
sales during the year is less than 2crores.
then presumptive income 8%(6%if receipts are receive through banking channel).
No requirement of complying with sec.44AA & 44AB .
sales during the year is less than 2crores.
then presumptive income 8%(6%if receipts are receive through banking channel).
No requirement of complying with sec.44AA & 44AB .
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