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Regarding Income under section 44AD
Sir In the assessment year 2020/21my gross turnover from retail sale wasRs.3260500-and I was show my Income a sum of Rs 425000/- under section 44AD but in the Assessment year my turnover comes to Rs. 1725000/- and I have shown the profit a sum of Rs.360500/-.Sir I want to know that can I take the facilities in the further year under section 44AD. Please guide me.Thanks.
Replies (2)
YES ITS ALLOWED...
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