Sec 44ad(4) & total income

Tax queries 154 views 1 replies

IF SEC 44AD(4) ATTRACTS & TOTAL INCOME OF ASSESSEE EXCEEDS THE BASIC EXEMPTION LIMIT THEN TAX AUDIT IS MANDATORY.HERE "TOTAL INCOME" MEANS GTI OR AFTER CHAPTER VI A DEDUCTIONS OR INCOME FROM THAT PARTICULAR PROFESSION OR INCOME FROM ALL THE BUSINESSES I.E PGBP ?????? PLS REPLY.

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After all deductions...


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