In sec 44ad given that any business (except profession u/s 44a and business of hiring, carriage goods u/s 44AE)
it means any any and any business
then why some business goes only under normal business not in 44ad
like where go business of silai training center.
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44AD presumptive
Replies (4)
It's mean It's notified in u/s 44AA.... Except other than "Any Business"
I think that 44ad like business not cost effective. Maybe, after case study these businesses will make a profit.
if one can show profit of business less than presumption then on maintaining of book and audit it will be more beneficial.
one more think agency business are not eligible too.
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