JCB machine income can covered US 44ad or US 44ae

This query is : Resolved 

26 July 2024 income earned form JCB machine on hire basis to individual can be covered US 44AD or 44AE

26 July 2024 Under which section TDS has been deducted?

26 July 2024 Under section 44AD. 44AE is for goods carriages.


26 July 2024 no tds deducted, worked for individual in previous year

26 July 2024 Generally declared under business head, if no rental contract. So, one can opt for Sec. 44AD IT act.

26 July 2024 Thank you very much SIR

26 July 2024 You are welcome.



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