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ITR Related query

Faheem Akram (802 Points)

02 March 2018

i have medical related equipment like x ray machine etc.
so can i file ITR U/S 44AD

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Aashish Sachdeva (839 Points)
Replied 02 March 2018

As per my opinion, you can file ITR u/s 44AD. If you are selling machine and turnover within specified limit.
If anybody have different opinions then views are welcome. Thank You. Disclaimer:It is not Professional advice.

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Faheem Akram (802 Points)
Replied 02 March 2018

i dont it sell, i work through this equipment like x ray, and any other check up so i charge fess

Aashish Sachdeva (839 Points)
Replied 02 March 2018

As per my personal opinion, you are not covered u/s 44AD. you are covered u/s 44ADA if your receipt under 50 lac. for F.Y. 17-18. you have to declare 50% income of your receipt.
If anybody have different opinions then views are welcome. Thank You . Disclaimer: It is not Professional Advice.

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