Sec 44ad

Mr. A, individual is having turnover of Rs. 18.32 lacs, Net loss of Rs. 5.83 lacs & Other income of Rs. 1.54 lacs. Whether Mr. A can carryforward the loss of 5.83 lacs without getting his accounts audited.

Replies (1)

yes i think he can carry forward the loss without getting the accounts audited..

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