i have a little bit confussion.regarding 44 ad...
whether 44 ad is applicable for professional (lawyer, ca ect.) ....any amendment made by Finance Act 2012.........
thanks in advance
CA Shruti Gupta (CMA FINAL CS Final) (1434 Points)
22 June 2013i have a little bit confussion.regarding 44 ad...
whether 44 ad is applicable for professional (lawyer, ca ect.) ....any amendment made by Finance Act 2012.........
thanks in advance
Ankit
(CA, CS)
(3064 Points)
Replied 22 June 2013
Dear Shruti,
since the provision uses the word "BUSINESS", I dont think professions such as CA/CS etc would be included under the section
- Ankit