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U/s 44af

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 March 2013 Dear Sir,

I am filling my income tax return u/s 44AF for the financial year 2010-11 but in this year. Now for the financial year 2011-12 in which section used for presumptive income and how much % require to shown and which ITR for used for filling of Income Tax return.

Pls. advice shorty .

25 March 2013 Now section 44AF merged with section 44AD. So you have to offer your income for f.y 2011-12 under section 44AD and the % is minimum of 8% on gross turnover/receipts.

OM SAI SRI SAI JAI JAI SAI



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