44ab applicability
Vaibhav (Article) (86 Points)
21 January 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 21 January 2022
Not compulsory for 6/8% profit margin, if the assessee had not opted out from sec. 44AD, in any previous year, (including current) before completion of 5 years continuously.
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