Section 44AD of the IT Act 1961

MANSHI BAID , Last updated: 08 December 2015  
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SPECIAL PROVISIONS FOR COMPUTATION OF PROFIT AND GAIN OF BUSINESS ON PRESUMPTIVE BASIS This section provides that ELIGIBLE ASSESSEES can in respect of ELIGIBLE BUSINESS can declare 8% or more of the Total turnover or gross receipts on account of such business as the Income from Business or Profes

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MANSHI BAID
(Finance Professional)
Category Income Tax   Report

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