This discussion clarifies whether a pest control business with a projected turnover of ₹1.15 crore for FY 2024-2025 can continue to file under Section 44AD of the Income Tax Act. The consensus is that filing under Section 44AD is permissible, even with the increased turnover, providing reassurance for businesses in this sector.
01 October 2024
PEST CONTROL SERVICES TILL FIN YEAR 2023-2024 T.O. 96 LACK AROUND AND CONTIUNE WE RETRUN FILED UNDER SECTION 44AD BUT FIN YEAR 2024-2025 TENTAVIE T.O AROUND 1.15 CR