Hi, main contractor deducted tds under sec 194C.
While filing itr on presumptive income basis. whether we need to consider income under sec 44AD or Sec 44ADA
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Applicability of sec 45AD for builder
Replies (5)
Section 44AD
44ad......
thanks a lot
could you please explain further
8% of gross turnover shall be deemed profit over which tax has to be computed.
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