Section 44AD Sets 8% Net Profit Rate for Retail Businesses with Turnover Up to Rs. 60 Lakhs.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Net profit rate of the eight percent is most appropriate as provided under section 44AD for retail business having business turnover not exceeding ₹ 60 lacs - AT....