Under sec. 44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 February 2012
Dear Expert
Please tell me the professional income of a doctor nearly 15,00,000/- annul it's eligible for file under sec. 44AD (this Sec. only for business people)
Please tell me the professional income of a doctor nearly 15,00,000/- annul it's eligible for file under sec. 44AD (this Sec. only for business people)
Guest
Guest
(Expert)
28 February 2012
Sec 44AD not applicable if receipts crosses Rs. 15 lakh. In that case audit u/s 44AB is necessary.
Message likes :
1 times
29 February 2012
Section 44AD can't be applied since it is concerned with business and not for profession.
Message likes :
2 times
08 April 2012
I agree with Warrier the experts and they have given you the correct suggestion.
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