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44AD for lodging business?

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(Querist)
25 July 2011 dear sirs,

can we apply 44 AD even to a lodging business? (8% of gross rental receipts)
Because the wordings there in act is "any business other than flying, hiring motor vehicles"..
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CA Ashwani Agarwal

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CA Ashwani Agarwal (Expert)
25 July 2011 Yes, you can easily claim u/s 44AD.

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