44AD 6% 8%

Ashpak Ahmed

2 Points Posted on 10 May 2017

no need for bifurcation go for 44AD with 8%

CA Rashmi Gandhi

Chartered Accountant

86505 Points Posted on 10 May 2017

If you file your return u/s 44AD then you have to bifurgate that income.
But in case you are filing ITR-3 then you will not requird to bifurgate

Ravi Maurya

3 Points Posted on 10 May 2017

your turnover is any else your profit will be 8 percent .and that's your income.

CS Advocate Abhishek Goyal

M Com FCS LLB M-AIMA

14046 Points Posted on 10 May 2017

Not mandatory to bifurcate it is only if you claim that some of your turnover consists of non cash transactions. In that case you can show at 6% else at 8%.

manoj

student

5205 Points Posted on 10 May 2017

if you go below for 8% den bifurcation is necessary otherwise go for it

Poltu Ghosh

Job

1865 Points Posted on 11 May 2017

the reduced rate of tax is a beneficial provision which you may or may not avail. No one will question if you don't avail.

Poltu Ghosh

Job

1865 Points Posted on 11 May 2017

the reduced rate of tax is a beneficial provision which you may or may not avail. no one will question if you don't avail the benefit

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