Comment on Taxation Simplified
commented on
06 Mar 2014, 12:16 AM
Thanks for the reply I’m highly obliged..
So I have to pay taxes on turnover 8% I.e according to you 20k approximately.. Not on 8lakh which my broker p/l ledger shows 10lakh..?So my CA is correct?or I will be under scrutiny for 8 lakhs profit..
If 44ad says this then please guide there is short time to file returns