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Matter of return

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Guest

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Guest (Querist)
31 March 2012 gud afternoon sir\mam,
i m a porpriteer of sweeping service. i used my pan card . my turo over approx 20 lakh. than sir will i fill rerun with slab rate or profit 8 %.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
31 March 2012 You are covered u/s 44AD and accordingly you have to declare income of 8% on the gross turnover.

On such income, income tax shall be calculated at slab rates.
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