banner_ad

caterers income

446 views 4 replies
1.can the income of caterers can be shown under 44AD @ 8%.
2. whether the income shown under 44AD Can be higher than 8%.
3. Audit is required if less than 8% income is shown and certified by CA.
If higher income is shown audit is required or not.
Replies (4)

Minimum you must shown at least 8% of turnover, (If you like can then you can offer income  between 8% to 100%)

1. Yes
2. Yes
3. No audit if higher income
The person is having income from insurance commission and Catering. which ITR is to be taken?
ITR3 be filed


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details