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44ad or 44ada

This query is : Resolved 

21 October 2021 real esate brokerage recd...23 lac.........income under 44ad / 44ada
if 50%....11,50,000
sub-brokerage paid by chq.....15lac

can we show income below 5 lac.....after audit..???
any other ...solutions / pre-cautions

atul -- 9082921706 eml- look4u@rediffmail.com

21 October 2021 Real Estate brokerage not assessible under Sec. 44AD or 44ADA of IT act.
Tax Audit not applicable.
File ITR 3 with books of account.



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