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Sec 44 AE

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 January 2011 Can a person assume his income u/s 44AE while he has 4 trucks and total turnover for the year was 78 lack
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
31 January 2011 Since the no. of vehicle is less than 10 , section 44AE is applicable in this case.

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