I have doing embrodery work on sarees and ladies suits on job basis. During assessment year 2011-12 my receipts are Rs 30 lacs. Can I declare income u/s 44AD @ 8%
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yes, as per amendment in sec.44AD, all the assessees(individual, huf,partnership firm only) having Turnover less than 60 lakhs are eligible to claim his/her income in this section.....
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