Sec 44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2012 I have received consultancy receipts and deduted TDS on it under sec 194J So can I take the benifit of sec 44AD

28 July 2012 Section 44AD is applicable only in case of business income and not in case of professional income. So you cannot avail the benefit of Section 44AD.



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