27 June 2014
During the AY 2014-15 my tours & travels business incurred a loss of Rs 3,33,468.My question is sec 44 AD is applicable or not in the case of tours & travels business and need to audit?
30 June 2014
you have to mention the sales/receipts of your business. but you can take audit report on your business loss and file return before the due date. so you can carry forward the loss.
CAclubindia
