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Income Tax Act 2025: Major Provisions and Changes
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As such no book rule...... but more the deviation, more suspecion/doubt.
U/s. 44AD ....... AO cannot ask for books and anything above 6/8% acceptable.......
So, need not worry......
Sir.,
This view is only on 44Ad or all other sections like 44AA and 44AB....
Good Morning Sir.,
One more doubt... A Assessee shown his profit 33% in AY 2017-18. Now in AY 2018-19 he will show 25% of profit...
Is this any problem in future...?
Please reply Sir...
No problem in case the profit declared u/s. 44AD .....
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