amendment in sec 44AD in Budget 2009

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Narayan Tak

Narayan Tak (Querist)
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29 July 2009 after amendment can sec 44 AD cover all tpye of Business/sagment or cover only some specified business.

Rajan

Rajan (Expert)
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13 August 2009 Dear Narayan,

Section 44AD shall be substituted for the existing section 44AD by the Finance (No. 2) Act, 2009, w.e.f. 1-4-2011 which covers any business except the business of plying, hiring or leasing goods carriages covered by section 44AE.