Can anyone explain the meaning or definition of agency business mentioned/ refereed under section 44ad.
Sanjay Chandani (Article assistant) (29 Points)
13 June 2019Can anyone explain the meaning or definition of agency business mentioned/ refereed under section 44ad.
kajol
(Executive)
(201 Points)
Replied 13 June 2019
The scheme of section 44AD is designed to give relief to small taxpayers engaged in any business, except the following businesses: Business of plying, hiring or leasing goods carriages referred to in sections 44AE. A person who is carrying on any agency business
Sanjay Chandani
(Article assistant)
(29 Points)
Replied 13 June 2019
What kind of business would be termed as agency business thats my question...
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