If an assessee has two businesses in two different names and turnover of one is more than 1 crore and one is less than 1 crore, then can he show one under 44AB and other in same tax audit report under section 44AD.
30 August 2014
If the assessee is eligible and doing eligible business u/s 44AD then it can be shown one under 44AB and another under section 44AD(less than 1 crore)
CAclubindia
