Hey I am in the business of diary farming...I collect milk and sell it to Amul...Can i avail the benefit of Section 44AD??
Also, If i do not avail the benefit of Section 44AD but wants to claim profits lower than 8%, what shall I do?? Also, i am currently buying fodder at Rs 5 per kg. In case i grow own fodder, cost of production will be around 2 per kg...Can i avail market price as deduction in case i grow fodder on my own??
Jan. 05, 2018