Lodging business

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    4   PERSONS RUN BY ONE LODGING  BUSINESS. TO  GROSS RECT.RS, 18.00LAKS. TOTAL INCOME  FOR 17500/- AFTER THE PARTNER SALAR RS. 192000/- AND INTEREST RS. 150000/-

1.) IT COVER  U/S 44AD?

2) FILING OF FORM NO 5 ARE   FORM  NO 4 ?

THANKS

Replies (1)
First of understand "No way for claim Remuneration and Interest to partners if opt sec 44AD"...


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