Dear Sir,
I am filled ITR for F.Y. 2014-2015 ON ITR-4S (SUGAM) under 44AD and for F.Y. 2015-2016 I filed ITR on ITR -4 on estimated basis, can i file Last Financila Year i.e. 2016-2017 again on 44 AD. As some new rule come on u/s 44 AD, under this new rule if I am discontinued to file under 44 AD, I am not allowed to file ITR for next five years under 44 AD??
Is this rule effective from this FY or it is applicbale on me, please help ...
My turnover less around 15 lacs and I like to file my ITR under 44 AD, then why my return will be audited by CA ??
Dear Sir,
Thanks for your reply Sir, But I am filled ITR for F.Y. 2014-2015 ON ITR-4S (SUGAM) under 44AD and for F.Y. 2015-2016 I filed ITR on ITR -4 on estimated basis, Now I can file my ITR under 44AD ??
There is new rule on Section 44 AD, If I am discontinued ITR filling on 44AD, then I am not avail to file My ITR under section 44AD for next five year ???
Dear Sir,
Thanks for your valubale reply, That means the new rule w.e.f. 01/04/2017, Am I right ??
CAclubindia
