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sec 44 AD


Naresh Khanduri   20 October 2018

Naresh Khanduri

 15 likes  254 points

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plz provide the p &l balance sheet format of sec 44AD in Excel format..

avater

Ruksar momd. (learner)     20 October 2018

Ruksar momd.
learner 
 42 likes  270 points

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Is there any specif format for sec. 44AD/44ADA P&L accounts?

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Naresh Khanduri   20 October 2018

Naresh Khanduri

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for presumptive business purpose

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RAJA P M ("Do the Right Thing...!!!")     20 October 2018

RAJA P M
"Do the Right Thing...!!!" 
 8408 likes  114818 points

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You can prepare based on the T/o and it's profit with financial particulars will be shown in ITR.

No more special formats. You can prepare normal BS and PandL.

1 Like

Madhav jha   20 October 2018

Madhav jha

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While filing your return under section 44AD you are not required to maintain books of accounts or require them to be audited.If you still want to prepare only certain particulars need to be disclosed.

Sumithra Shetty (Still studyig)     21 October 2018

Sumithra Shetty
Still studyig 
 5 likes  56 points

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penalties under the income tax act

avater

RAJA P M ("Do the Right Thing...!!!")     21 October 2018

RAJA P M
"Do the Right Thing...!!!" 
 8408 likes  114818 points

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(penalties under the income tax act) Can You Elobrate Your Details....


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