Section 44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 September 2012
Dear Expert,
Suppose total sale is Rs. 10 lacs and vat charged thereon is Rs. 50000/- Grand total is 10.5 lacs and for the purpose of Section 44AD, what would be turnover to calculate @8% -
1. Rs. 10 lac.
2. Rs. 10.5 lac
Please advise me.
Suppose total sale is Rs. 10 lacs and vat charged thereon is Rs. 50000/- Grand total is 10.5 lacs and for the purpose of Section 44AD, what would be turnover to calculate @8% -
1. Rs. 10 lac.
2. Rs. 10.5 lac
Please advise me.
07 September 2012
Rs. 10.5 Lakhs.
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