Section 44ad eligible
This query is : Resolved
01 August 2020
Assess interest income from money lending rs.6 lacs
2.income from job work charges and repairs charges 2 lacs
Assess i.t . return filed section 44 ad applicable.
2.income from job work charges and repairs charges 2 lacs
Assess i.t . return filed section 44 ad applicable.
01 August 2020
Yes, He can declare income on presumptive basis. He can avail the benefit of Sec 44AD.
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