Menu
Applicability of sec 44ad
Is provision of section 44AD also applicable to business of dealing in shares?
Replies (2)
i guess it is not applicable.
Section 44AD does not cover the commission and brokerage business. Since assessee get commission income he can not opt for 44AD
Recent Threads
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
Related Threads
CAclubindia
