Sec 44ad

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2011 CAN DIS SECTION APPLY TO PERSON CARRYING ON PROFESSIONAL BUSINESS N HAVING INCOME FROM PROFESSION.... LIKE CONSULTING ETC.

PLZ HELP?

Bhaskaran Chackrapani Warrier (Expert)
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27 July 2011 Section 44AD is not applicable for 'income from profession'

MAHENDRA KUMAR BAGRECHA (Expert)
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28 July 2011 It is applicable to eligible business only and not to professionals

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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29 July 2011 I agree with the experts

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