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SACHIN KHETAWAT (Student) (349 Points)

11 February 2017

LABOUR CONTACTOR INCOME CAN BE SHOWN U/S 44AD PRESUMTIVE INCOME . IF IT IS NO, THEN WHERE IS TO SHOW

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (196196 Points)
Replied 11 February 2017

Yes labour contractor can opt for section 44AD.

SACHIN KHETAWAT (Student) (349 Points)
Replied 13 February 2017

SIR, IS IT SHOWN UNDER 8% OR 50% . (PROFESSION)

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (196196 Points)
Replied 13 February 2017

8 percent, provided total turnover less than 1Cr for AY 2016-17, and 6 or 8 % for AY 2017-18 onwards

SACHIN KHETAWAT (Student) (349 Points)
Replied 14 February 2017

thank you sir

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