Presumptive taxation 44ad
This query is : Resolved
06 November 2018
Example: A partnership firm say ABC. STARTED in financial year 2016-17 .Turn over Rs.65,00,000/- .It filed as no audit case for f.year 2016-17.
But in 2017-18, Turn over is Rs.76,00,000/- CAN WE OPT FOR PRESUMTIVE FILING UNDER 44AD ?
Kindly advise me at the earliest
But in 2017-18, Turn over is Rs.76,00,000/- CAN WE OPT FOR PRESUMTIVE FILING UNDER 44AD ?
Kindly advise me at the earliest
CA Suresh Jain
(Expert)
07 November 2018
The Partnership firm not in the business of plying, hiring or leasing goods carriages or professions mentioned in section 44AA and with total turnover up to Rs. 2 Cr. not claiming deduction under any of the sections 10A, 10AA, 10B, 10BA or section 80s can opt for 44AD
14 November 2018
ok thank you sir.....CAN YOU GIVE YOUR WHATS APP NUMBER....
CA Suresh Jain
(Expert)
30 December 2018
My WhatsApp number 9449630000
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