Bussines & profession

Dear Ramanuj

if your question is regarding ITR selection then i suggest you file it in ITR 4. 

Regards 

Sir,

Its means come under profession not bussines. 44ab applicable above 25 Lacs. or not 1 crore  bussines.

thanks

Sir 

Please wait let me check 

Sir,

ok  please check in Details

Thanks

Sir 

Please read this (for 44AD) 

/articles/section-44-ad-of-income-tax-act-17916.asp#.UyGmafmSyFA

(According to this 8% of your gross total sales will be deemed to be the profit and you will not be allowed to take deduction under of expenses under sec 30 to 38) 

hence i recommend to go for itr 4

Regards

Thanks sir,

But its come under profession or bussines. What is limit tax audit applicable 25 Lacs OR 1 Crore ?

Please advise us.

Tahnks