commission income from sale of property

This query is : Resolved

vignesh srinivasan (Querist)
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05 May 2011 sir

my client has received 10 lakhs commission towards sale of property.
can i go by the new section 44AD by declaring the required %?

Amol Gopal Kabra (CA,CS,DISA) (Expert)
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05 May 2011 Yes. You can very well go and opt for Section 44AD.

Message likes : 1 times

Nayan Das (Expert)
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09 May 2011 Yes. You can

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