Sec 44 ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 April 2012
Whether private tution income is covered under sec 44ad for the assessment year 2012-13 ?
20 April 2012
If the limit exceeds as provided u/s 44AB then No. If it does not exceed even then No as it is professional income. U/s 44AD only business income is covered
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