Applicability of section 44ad or section 44ae to transporter
Dayanand (Finance Professional) (21 Points)
13 August 2019Dayanand (Finance Professional) (21 Points)
13 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185376 Points)
Replied 14 August 2019
He can declare income from his 4 goods vehicle u/s, 44AE; along with other business income under normal provision. File ITR3.
suhas patil
(student)
(32 Points)
Replied 23 September 2022
Originally posted by : Dhirajlal Rambhia | ||
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He can declare income from his 4 goods vehicle u/s, 44AE; along with other business income under normal provision. File ITR3. | ![]() |
Can we declare other income u/s 44AD?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185376 Points)
Replied 23 September 2022
No, the transporter cannot opt for presumptive assessment u/s. 44AD of the act...
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