Sec44ae
This query is : Resolved
25 January 2017
Maine ek heavy vehicle loan per purchase kar liya and I want to give to my friend @Rs 5000/_ per month on rent. Can I do that..?
Kya all income from vehicle mere friend ki income Maani jayegi..??
Kya all income from vehicle mere friend ki income Maani jayegi..??
25 January 2017
Income from plying of heavy vehicle (if it is a goods carriage) may be shown u/s 44AE by the friend since it is he who will run such vehicle.
25 January 2017
Only owners of the vehicle is covered U/s 44AE. Hired income is eligible for consideration u/s 44AE. You have to show a monthly income per vehicle Rs. 7,500.
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
Unanswered Queries
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST Regis.
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- 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?
Trending Online Classes
CAclubindia
