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06 March 2013 sir please tell
MR. A GIVES HIS HOTEL TO MR. B ON RENT OF RS 50LAKS P.A.

SIR CAN MR.A OPTS FOR PRESUMPTIVE TAXATION U/S 44AD???
THANKS IN ADVANCE

06 March 2013 No you can not opt for Sec 44AD.

06 March 2013 then where should i treat this income??
please explain




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