Section 44ad
This query is : Resolved
15 September 2012
Dear Sir,
Whether an assessee who is a tailor can opt section 44AD or his work would be treated as a profession by deapartment.
Please advise me.
Whether an assessee who is a tailor can opt section 44AD or his work would be treated as a profession by deapartment.
Please advise me.
15 September 2012
Tailoring work can not be considered as professional.
15 September 2012
yes, he can opt for 44AD
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