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Guest

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Guest (Querist)
04 May 2012 gud evening experts

only tell me that supoose a men have a Shop of car service .and gross turn over approx 6 lakh.than how he will fill their return.
only tell me this that will i fill return u\s 44ad or other
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Amol S Joglekar

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Amol S Joglekar (Expert)
04 May 2012 Chioce is with the assessee. He can opt for presumptive taxation ELSE he can prepare income & expenditure account and file the return accordingly.
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04 May 2012 sir if i want to file return u/s 44ad than can i fill
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Amol S Joglekar

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Amol S Joglekar (Expert)
04 May 2012 Yes. You can file. No harm and no problem.
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04 May 2012 THANKS SIR BUT IF I WILL SHOW PROFIT 8% THAN CAN I GET NOT SHOW EXP. AS SALARY PAID TO EMPLOYEE ETC
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Amol S Joglekar

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Amol S Joglekar (Expert)
04 May 2012 You can not have an apple and also eat it. The choice is either 8 % or income & expenditure (P & L A/c)
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04 May 2012 THNAK YOU VERY MUCH SIR
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