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44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2015 if, the assessee is owning 8 lorries and his gross collection for the year is morethan crore, can the assessee can adopt u/s.44AD under income tax act,
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
24 June 2015 you are covered under 44AE...

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