Nett profit u/s 44-ad
This query is : Resolved
26 November 2014
Nett Profit of 8.00% of the total turnover should be exactly 8.00% of the total turnover or may be in decimal for example 8.67% or 9.12% etc. etc.
26 November 2014
8% is the said percentage in the section. you can also offer more than that higher income voluntarily
27 November 2014
it is required minimum @ 8% profit you can declare more profit as you want.
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