FLOUR MILL COOLY RECEIPT IS 44AD OR 44ADA? BUSINESS CODE PLEASE.
MURALIDOSS (INCOME TAX PRACTITIONER) (1313 Points)
30 July 2020FLOUR MILL COOLY RECEIPT IS 44AD OR 44ADA? BUSINESS CODE PLEASE.
Asha Kanta Sharma
(Manager - Finance & Accounts)
(27716 Points)
Replied 09 August 2020
44ad is for businesses and in 44ADA only eligible professionals are allowed as per laws
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 09 August 2020
CAclubindia
