Assessment u/s 144 - Section 44AD deems the net profit rate at ...

Income Tax

January 7, 2013

Assessment u/s 144 - Section 44AD deems the net profit rate at 8% in cases where accounts are not maintained and turnover is up to Rs.40.00 lacs. This however, does not mean that profit will lower when the turnover is more than Rs.40.00 lacs. - AT

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Assessment u/s 144 - Section 44AD deems the net profit rate at ...

Income Tax

January 7, 2013

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