Dear Sir/Ma'am
A professional who was under tax audit in the F.Y 15-16 and in the F.Y 16-17 his turnover dosent't excee 50L .Can he opt for Presumptive Basis under section 44ADA.
Anmol kumar (student) (40 Points)
24 July 2017Dear Sir/Ma'am
A professional who was under tax audit in the F.Y 15-16 and in the F.Y 16-17 his turnover dosent't excee 50L .Can he opt for Presumptive Basis under section 44ADA.
Kuldipsinh Jadeja
(Job)
(357 Points)
Replied 24 July 2017
Yes as turnover does not exceed 50 lakhs in P.Y. 16-17
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