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Section 44ad

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(Querist)
15 September 2012 Dear Sir,
Whether an assessee who is a tailor can opt section 44AD or his work would be treated as a profession by deapartment.

Please advise me.
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
15 September 2012 Tailoring work can not be considered as professional.
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Vivek

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Vivek (Querist)
15 September 2012 So he can opt Section 44AD?
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Amol S Joglekar

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Amol S Joglekar (Expert)
15 September 2012 yes, he can opt for 44AD

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