Dear experts,
giving a car on annual contract base to the bank (manager purpose) ....is it business or under 44AE?.... which ITR to be filled?
2 Replies
rama krishnan
(12239 Points)
Replied 21 May 2018
no... it won't fall under 44AE instead you can opt for 44ad
Ashish Khillan
(Gaining knowledge)
(1039 Points)
Replied 22 May 2018
So i can file presumptive income for this? thnku
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