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Presumptive taxation scheme u/s 44ad

This query is : Resolved 

07 August 2019 Dear Sir,

I am filing an Income tax return of my client who carries on business of Recruitment of staff on contract basis. The salary payments to staff are done by my client's bank account only. Can I file this return U/s. 44AD since my net profit is less than 8% of Gross turnover. I am filing this return as an Individual assessee and turnover is 15 lacs p.a.

Please advise.

Regards,
Divyesh Jain

08 August 2019 Yes you can file ITR u/s 44AD.

08 August 2019 Thanks you sir for the reply

08 August 2019 Welcome.......




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