10 September 2018
One of my client have Business Receipts (Dairy Farm) of Rs. 186,78,300/- & Agricultural Receipts of Rs. 47,64,300/-. Total Turnover Rs. 2,34,42,600/-. Whether Section 44AB applicable to him?
11 September 2018
Can you Please tell me, why agricultural turnover not to be included in total turnover for Audit u/s 44AB? Is there any case law or other supporting? Please reply.