Bussiness income 44AD
This query is : Resolved
Ashish Khillan
(Querist)
08 September 2017
Dear experts,
income under 44AD is shown before any expenses? (gross profit)
CA R SEETHARAMAN
(Expert)
08 September 2017
It's after all expenses no expenses can be claimed from 44AD profit.
Ashish Khillan
(Querist)
08 September 2017
means profit have to be shown after all expenses but no detail of expenses have to be shown?
CA R SEETHARAMAN
(Expert)
09 September 2017
Yes you are right.................
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