Hello everybody...
I'm sure that 44AD doesnt apply to trust, but still want to confirm whether it applies to trusts also?
Menu
Applicability of 44ad to trusts
Replies (2)
Hi, in my opinion it shall not be applicable to trust if it is charitable or religious trust , but if it carries on any bussiness then it will not be covered under the definiton given under section 2(15) and in that case it might be applicable .
Plz correct me if I am wrong .
I agree with Shashank Goyal....
Recent Threads
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
Related Threads
CAclubindia
