Pls friends any know ans..
give replay
the above section
in section 44ab for with 1crore. rupees
and
in section 44ad for with 2 crores
for eg :
1. if person have a business of turnover of 50 lacks. he comes under 44ab and 44ad (if any)
2.if person who have a turnover 1.5 crores.
my dobut is he will turnover exceeds 1crore. then he will come under 44ab
but why the section 44ad will use.???
is sec 44ad is applicable or Not
applicable???
awaiting response friends...
CAclubindia
