Motor car hire business
This query is : Resolved
25 July 2011
One of My client is giving motor cars on hire to tour operators. Gross turnover less then 600000 /- can he declare his income U/s. 44AE or 44AD.
25 July 2011
Section 44AE is for 'goods carriages' and hence can't be applied in the cited issue.
Section 44AD can be opted.
Section 44AD can be opted.
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25 July 2011
44 ad can be applied but not 44ae
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