Section 44ad

This query is : Resolved 

10 August 2011 Our client has a labour contractor. He get Receipt Rs.15,00,0000/- & TDS Rs.15,000/- also deducted. Can i claim TDS as refund in filing return as section 44AD... Pls help us....

10 August 2011 Yes but the net profit should not be less than 8%

10 August 2011 I agree with the expert.

11 August 2011 thanks sir.... but books are maintain or not...


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