Menu
Itr
LABOUR CONTACTOR INCOME CAN BE SHOWN U/S 44AD PRESUMTIVE INCOME . IF IT IS NO, THEN WHERE IS TO SHOW
Replies (4)
Yes labour contractor can opt for section 44AD.
SIR, IS IT SHOWN UNDER 8% OR 50% . (PROFESSION)
8 percent, provided total turnover less than 1Cr for AY 2016-17, and 6 or 8 % for AY 2017-18 onwards
thank you sir
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
