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Applicability of sec 44ad to bus operator

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(Querist)
25 July 2014 Can a Bus owner with one bus can file his returns u.sec.44AD of the IT act?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
25 July 2014 yes, it is covered under 44AD.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
29 July 2014 yes allowed u/s 44AD..................
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