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44ad

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(Querist)
04 October 2015 who are liable for audit u/s 44ad?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
04 October 2015 If they declare less than 8% profit on turnover and having total income above basic exemption limit.
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Aditi

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Aditi (Querist)
04 October 2015 ok ty. for eg m artcle i juz hv stiphnd incme dt is xmpt so cn i show 44ad?



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 October 2015 Yes it can be done.............

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