TAX AUDIT
This query is : Resolved
VIPIN GUPTA
(Querist)
23 December 2020
One of our Client is having turnover from Shares Delivery based as dealing in shares is his regular business. Rs 51 Lcas and from Profession Medical Rs 1050000/- can be shown Shares sale under 44AD and Medical Profession U/s 44ADA. or we will be covered under audit of professional as our combined receipt are more than 50 Lcas
CA R SEETHARAMAN
(Expert)
24 December 2020
Yes opt 44AD and 44ADA as proposed.
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