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44AD V/S 44AB
as per 44AD(4) & (5) if I had started new business or till the time I am filling return of income without opting for 44AD and in FY. 2017-18 I am declaring income which is lower then 8% under normal provision then whether Audit Is applicable ?
Replies (3)
Yes, provided in individual case, the total income exceeds basic exemption limit..........
For other assessees (where sec 44AD not applicable),....... no
if I could get your contact no. and if you have some time then I would like to discuss some points.
if you could share I will be really thankful to you
if you could share I will be really thankful to you
if I could get your contact no. and if you have some time then I would like to discuss some points.
if you could share I will be really thankful to you
if you could share I will be really thankful to you
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