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Presumptive taxation

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2011 Dear members,
is presumptive taxation applicable on person carrying of share trading business??
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CA Ashwani Agarwal

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CA Ashwani Agarwal (Expert)
31 July 2011 Yes if you treat the same as business income then you can use the benifit of section 44AD.

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