Section 44aa & 44ab
This query is : Resolved
Puneet dubey
(Querist)
31 July 2014
Can you plz describe me about Section 44AA & 44AB and is it applicable on income of Rs.230000/- or more
Nikhil Kaushik
(Expert)
02 August 2014
44AA will apply. 44AB will apply only if this income is covered under 44AD and is less than 8% of the turnover.
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