Presumptive income and tax audit case
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 September 2016
Dear Sir,
Can we file income tax return under presumptive scheme, if turnover is Rs. 2 Crore in F.Y. 15-16 ???
Can we file income tax return under presumptive scheme, if turnover is Rs. 2 Crore in F.Y. 15-16 ???
21 September 2016
No,
the limit for the section 44AD is 1 crore
the limit for the section 44AD is 1 crore
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