hello friends,
plz help me on a doubt.
it is stated in 44AD that if an assessee wants to declare his profits less than 8% of his turnover then he will have to maintain accounts as per 44AA and get his accounts audited.
and as per section 139(1) every person who has to get his account audited as per income tax law or any other law for the time being in force has to file his return till 30 september????
so my question is that is this aforesaid provision of 139(1) is only applicable in the case of 44AB or the above person who declares his profits less than 8% of his turnover as stated above can also file a return on or before 30 september????
CAclubindia
