Sec 44AD

Yash Chawda (300 Points)

20 November 2017  

partneship firm

turnover -40 lakhs
net profit - 6 lakhs
books of accounts are maintained

1) so my question is can he claim the deduction u/s 40b becz he maintains books of accounts and show profit more than 8%

2)in above case he count as opt for 44ad or not ?????