25 February 2014
Hi my client is an exporter. presently m filing return as per sec 44AD..but his turnover is soon expected to cross 1 cr.. pls suggest ways to optimize tax... I hv already created HUF for him to split turnover
thnx
25 February 2014
Dear Nikhil, in my opinion rather to go for splitting the turnover and opt for 44AD, please go for the audit of the client and in this you can show profit which may come less than 8%.
CAclubindia
