Section 44ad, website building proprietorship dilema
pavan K (1 Points)
24 March 2017pavan K (1 Points)
24 March 2017
vineet kumar
(Student CA IPC / IPCC)
(85 Points)
Replied 24 March 2017
Hi,
In this case Section 44ADA is not applicable since gross receipts above Rs.50 Lakhs.
So, it is required to keep and maintain the books of account under section 44AA and get audit under section 44AB.
Thanks
Regars
Vineet Kumar
Mob.+91-7770010353
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"