30 May 2015
I have two heavy truck for fy 2013-14 one truck income for the year 45000 and and another truck income 90000 so my question is can I get the benefit u/s 44ae.
31 May 2015
why can't he. There are two trucks. He can easily disclose Rs 1.2 lakhs as income (rs 5000 per truck per month). The overall income is Rs 1.35 lakhs here. So there is no shortage.
31 May 2015
and since we are on it, request you kindly explain your views on this query too https://www.caclubindia.com/experts/income-from-technical-consulting-interest-capital-gains-2085489.asp