Section 44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 May 2013
Dear Sir,
Whether a Dharam Kanta owner (Weighting scale) can opt Sec. 44AD or not?
Please clarify.
Whether a Dharam Kanta owner (Weighting scale) can opt Sec. 44AD or not?
Please clarify.
27 May 2013
Yes, provided owner is Individual, Firm or HUF.
28 May 2013
And the status of the said assessee should ,necessarily, be 'resident' so as to claim 44AD.
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