14 February 2017
Suppose A is a sub distributor of BSNL easy recharge. He has a turnover Rs 50 Lakhs. He is earning Rs. 25,000/-. On his earning no TDS was deducted. Now my question is that whether section 44AD will be applicable in this case and his earning will be assumed 8 ℅ * 50 Lakhs = 4 Lakhs.