12 April 2016
"eligible business" means,— (i) any business except the business of plying, hiring or leasing goods carriages referred to in section 44AE; and (ii) whose total turnover or gross receipts in the previous year does not exceed an amount of one crore rupees.
EXCEPT: The provisions of this section, notwithstanding anything contained in the foregoing provisions, shall not apply to— (i) a person carrying on profession as referred to in sub-section (1) of section 44AA; (ii) a person earning income in the nature of commission or brokerage; or (iii) a person carrying on any agency business
14 April 2016
Sir, jaise 1 software bna liya.....jo ki facebook pe Ads dene me help karta hai..........to hum hmare buyers ko Software sell kr dete hai with a license key, jis se ki Buyers software use kar ske and Ads de ske....................................to kya ye income 44ad mein fall kregi ya nai????? or is Income ko naam kya denge--- income from online activities ya IT income ya or kuch???????????????????
CAclubindia
