44ad and 44ae

Tax queries 423 views 3 replies

I am a travel oprator.And i hav 2 bus.

Should i use 44AD or 44AE?

My total income i below 60 lakhs

Replies (3)
applicability of sec 44AD and calculation of related turnover in case of an assessee engaged in business of trading in equity shares.(Note: Trading is core business activity of assessee and not included in capital gains)

whether section 44AD is applicable to a assessee engaged in accounts writing ?

can u make it more clear? i mean  a ans to ma question


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