Comment on Taxation Simplified

rajesh.ano commented on 10 Jul 2013, 01:01 PM

hi nithin,
A great help from this site.

have one query …SEC 44AD tells abt going by sec 44AB …
now sec 44AB tells :
(d) carrying on the business shall, if the profits and gains from the business are deemed to be the profits and gains of such person under section 44AD and he has claimed such income to be lower than the profits and gains so deemed to be the profits and

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