Regarding sec 44ad
This query is : Resolved
V.SRINIVASA RAO
(Querist)
26 August 2013
Dear Experts
1) Whether is it required to upload Form 3CB-3CD for claiming income less than 8% on turnover?
2) Whether will it cover in the specified tax audit limit (i.e;45)?
Thanks in Advance
1) Whether is it required to upload Form 3CB-3CD for claiming income less than 8% on turnover?
2) Whether will it cover in the specified tax audit limit (i.e;45)?
Thanks in Advance
Dintakurthi Tirumala
(Expert)
26 August 2013
1)If you make tax audit u/s 44AB you required to upload form 3CB and 3CD eventhough such assessee covers under section 44AD but offering lower income than section 44AD
2) Such tax audit i.e which is liable for tax audit according to the provisions of section 44AD doesn't cover under the specified tax audit limits(i.e 45)
OM SAI SRI SAI JAI JAI SAI
2) Such tax audit i.e which is liable for tax audit according to the provisions of section 44AD doesn't cover under the specified tax audit limits(i.e 45)
OM SAI SRI SAI JAI JAI SAI
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