07 August 2021
Respected Experts, Turnover without GST is 1.90 Cr, turnover with GST is 2.42 Cr. Can I go for Sec 44AD in this case with satisfying all other requirements of the Sec 44AD? Sec 145A of Income Tax requires to include all taxes to be included in purchase and sales, is there any CBDT circular about GST being excluded in turnover? Kindly share if available
CAclubindia
