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Sec 44 ad

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(Querist)
27 May 2012 whether we can show presumptive income U/S 44AD for th AY 12-13?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
27 May 2012 Provisions of Section 44AD are applicable for the AY 2012-13 also. You may show presumptive income in respect of an eligible business of an eligible assessee.
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Commission Income is not covered U/s 44AD.
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Mukesh Goyal

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Mukesh Goyal (Expert)
27 May 2012 Yes agreed with Mr Paras.

Thanks & Regards
CACS Mukesh Goyal
+91-99105-30973
MUKESHGOYAL29@GMAIL.com
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