SEC 44 AD
This query is : Resolved
04 July 2022
SIR,
MY BUSINESS TURNOVER/RECEIPTS 1 CAROR (50 LAKS CASH RECEIPTS 50 LAKS BANK RECEIPT)
CAN I DECLARE PROFIT ?
1- 8% ON 50 LAKS
2-6% ON 50 LAKS
MY BUSINESS TURNOVER/RECEIPTS 1 CAROR (50 LAKS CASH RECEIPTS 50 LAKS BANK RECEIPT)
CAN I DECLARE PROFIT ?
1- 8% ON 50 LAKS
2-6% ON 50 LAKS
04 July 2022
Yes you can declare profit as proposed above under section 44AD.
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