SIR,
FOR INDIVIDUAL, HAVING ONE MAHINDRA VAN AS ADDITIONAL OF HIS BETALSHOP BUSINESS TURNOVER OF BELOW 20 LAKHS .FOR HIS BETAL SHOP 20 LAKHS, AND HIS VAN HIRING APPROX 96000/- PA. CAN USE 44AE AND 44AD ?
FOR INCOMETAX FILING?
MURALIDOSS (INCOME TAX PRACTITIONER) (1329 Points)
24 August 2019SIR,
FOR INDIVIDUAL, HAVING ONE MAHINDRA VAN AS ADDITIONAL OF HIS BETALSHOP BUSINESS TURNOVER OF BELOW 20 LAKHS .FOR HIS BETAL SHOP 20 LAKHS, AND HIS VAN HIRING APPROX 96000/- PA. CAN USE 44AE AND 44AD ?
FOR INCOMETAX FILING?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 24 August 2019
Yes,
or otherwise u/s. 44AD & rental income u/s. IFOS.....