44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 July 2014
Is construction business covered by the provisions of Second 44AD? Can we show 8% profit on construction receipts and file our return for AY 2014-15. Please clarify. Thanks in advance...
Nikhil Kaushik
(Expert)
31 July 2014
yes you can do so. construction activities are covered under 44AD.
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