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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

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

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

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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