Dear expert.
Can i declare the presumptive profits more than 8% (i.e. @ 20%) u/s 44AD. Is there any trouble??
This request is for confirmation.
Thanks
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Presumptive profit U/S 44AD
Replies (9)
Surely you can declare
No more trouble...
You can declare with as per Your view.
You can declare with as per Your view.
Thanks Raja sir and Mr. Pravin
You are most welcome Dear...
One more doubt sir..
In that case we can deduct depreciation of fixed assets as per WDV..
In that case we can deduct depreciation of fixed assets as per WDV..
Yeahhhh... You can less the value in FA.
Sir it means depreciation value less in computation. is it correct
No... It's not under Computation sheet. Just provide before the value of 8%.
Ok sir Thanks...
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