44ad

This query is : Resolved 

04 October 2015 who are liable for audit u/s 44ad?

04 October 2015 If they declare less than 8% profit on turnover and having total income above basic exemption limit.

04 October 2015 ok ty. for eg m artcle i juz hv stiphnd incme dt is xmpt so cn i show 44ad?

05 October 2015 Yes it can be done.............


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