Hi,
What is the Income tax audit limit u/s 44AD of an individual who is a civil contractor (construction of building)? He is providing his services with material. Kindly note that the material component is around 80% of the total sales.
Menu
Income tax audit limit u/s 44AD for civil contractors
Replies (3)
Quick Summary
44AD turnover limit is 2 crores rupees
44ad can be opt upto turnover 2cre
Upto 2 crores rupees is limit
Recent Topics :
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
Related Topics :
CAclubindia
