Tax
This query is : Resolved
03 October 2014
sir if I show my income.under sec. 44 AD. and I have no bills of purchase.and not maintaining books of account .first of all tell me is there chance of screwtiny?
if yes...what shud b done?
Nikhil Kaushik
(Expert)
03 October 2014
you can never rule out scrutiny. however, there is little an AO can do this in 44AD cases.
06 October 2014
yes there are chances u cant say abt that....u dont know wat ao may come out with u/s 44AD.
06 October 2014
yes there are chances u cant say abt that....u dont know wat ao may come out with u/s 44AD.
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