I have some of little bit confusion,
Can a jewellery business declare profit under section 44AD as presumtive for the FY 2016-17?
Because his actual net profit is 16%.
I have some of little bit confusion,
Can a jewellery business declare profit under section 44AD as presumtive for the FY 2016-17?
Because his actual net profit is 16%.
I think you can as per brilliant post done by imazzea on there website.
Kindly refer below mentioned link:
https://imazzea.biz/forums/thread/11/
(login to imazzea and can also ask your querries there. Experts are there to reply.)
or
https://imazzea.biz/read-blog/156
Regards
Sweta!!!!
T R SOOD & CO
New Delhi
CA Inter
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