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.
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Income tax audit limit u/s 44AD for civil contractors
Replies (3)
44AD turnover limit is 2 crores rupees
44ad can be opt upto turnover 2cre
Upto 2 crores rupees is limit
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