section 44AD
This query is : Open
Pankaj Singhal
(Querist)
21 October 2017
how much tax is payable for individual trader doing currency trading under section 44AD
Pankaj Singhal
(Querist)
21 October 2017
"or above" means??? it is more than 8%
21 October 2017
U/s 44ad you must show the profit 8%. You can't show less than 8%...
But, you ll show 8% <
Pankaj Singhal
(Querist)
22 October 2017
thanks....will it come under 6% as all the transactions are in digital mode...not in cash mode.
Pankaj Singhal
(Querist)
28 October 2017
Mr. raja...in above case...whether audit is applicable...if assesse has other income as well.
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