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Presumptive taxation - sec 44 ad

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(Querist)
21 June 2014 Nature of Business - Pawn Brokers.
Income - Interest Income only. Whether Sec. 44AD is applicable or not ?
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CA Rinkal

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CA Rinkal (Expert)
23 June 2014 dear

there is no business income in your case, so how can you apply presumptive taxation

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