Beauty parlour- presumptive taxation
This query is : Resolved
31 August 2017
My aunt provides beauty parlour services from home. She has no shop. I want to file itr of her.
My query is
1. whether it is business or profession?
2. Presumptive taxation available u/s 44ad or 44ada or not?
My query is
1. whether it is business or profession?
2. Presumptive taxation available u/s 44ad or 44ada or not?
31 August 2017
It Is Business and not profession as per income tax act and hence 44 AD is applicable
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31 August 2017
It Is Business and not profession as per income tax act and hence 44 AD is applicable
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