Turnover for 44AD


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When declaring income under Section 44AD, it's important to understand which turnover figure to use. The discussion clarifies that you should use the aggregate of invoice values, including any output tax, rather than just the taxable turnover.

27 September 2024 For declaring income U/S.44AD, which turnover should we take, taxable turnover only or invoice value (Including Output) ?

27 September 2024 Aggregate of Invoice values.

11 October 2024 Good luck ....


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