Section 44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 August 2015 Hello

Assessee having Tution Fees Income From Private Coaching Class Can he opt for Section 44AD,

10 August 2015 Yes he can opt for section 44AD as long as his gross receipts does not exceed Rs. 1 crore.

10 August 2015 This is not a business income, section 44AD applicable only on business income.




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