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44 AD

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(Querist)
06 June 2011 As per New provision of incometax of Sec 44AD :-
The scheme is applicable for any business excluding a business already covered under Sec. 44AE) which has a maximum gross turnover /gross receipts of 60 lakhs.

Is it also includes manufacturing concern??
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
06 June 2011 IT INCLUDES ANY BUSINESS WHETHER MANUFACTURING TRADING OR WHATEVER

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