Sec 44ad
This query is : Resolved
21 March 2012
I want to know is this section applies to wholesale trading business (non audit firm)also. Previously 44AF appies to Retail bussiness only
21 March 2012
Section 44AF has been repealed and now only Section 44AD and Section 44AE are now applicable.
Section 44AD applies to any business except the business of plying, hiring or leasing goods carriages referred to in section 44AE.
However, the assessee should ne an individual or HUF or a firm BUT not an LLP.
Section 44AD applies to any business except the business of plying, hiring or leasing goods carriages referred to in section 44AE.
However, the assessee should ne an individual or HUF or a firm BUT not an LLP.
22 March 2012
Agree with Siddhartha Bhardwaj sir,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
