Section 44ad query


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2015 DEAR SIRS,

PLEASE GUIDE ME ABOUT BELOW:

THE ASSESSEE HAS A BUSINESS OR SWEET AND FASTFOOD MFG AND SELLING, CAN HE GO THROUGH SECTION 44AD AND FILE ITR 4S ?
THE TURNOVER IS APPX RS. 20 LCS TO 25 LACS.

25 July 2015 yes declare 8 % profit..

refer this link :

https://www.charteredclub.com/section-44ad/

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2015 THANKS SIR,

ITS ON ABOVE APPX 18%


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