Section 44ad- urgent

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hello,

Whether return filled for A.Y.2011-12 considering provisions of Section 44 AD can be revised? If for that assessee we have taken Profit @ 8% of his turnover. now changes can be possible? please reply.

Replies (6)

Yes, it can be revised, but why you want to revise tell me ?

yes.......

Yes, it can be revised, but why you want to revise tell me ?

Because Assessee want to show more profit than mentioned in original return.

then you can revise sure, be cause it is favour todepartment. you can proceed .........................

Thanks a lot.

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