Restaurant under 44ad
This query is : Resolved
amber agrawal
(Querist)
02 November 2014
can a restaurant business whose sale in the fy is 90 lacs can opt for section 44AD? and show net profit @ 8 %
Nikhil Kaushik
(Expert)
02 November 2014
yes provided assessee, is an Individual, HUF or a firm
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