section 44AD

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if any assessee disclosing 8% profit assume 8 lakh on turnover of RS 1 crore then can he made investment more than 8 lakh??
Replies (2)

Yes... But, Check out that's eligibility

Might be filling return for the past number of year and have sufficient funds to invest even more than 8 lakh.I think it's O.K.


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