Sec 44ad

RAJ KUMAR (FINANCE MANAGER) (1393 Points)

02 March 2013  

HELLO FRIENDS, PLS. TELL ME WHETHER TO BE COVERED IN PROFESSION ANY QUALIFICATION IS NECESSARY OR NOT. A PERSON DOES ONLY LABOUR WORK SAY PLUMBER OR DOES STITCHING WORK ARE COVERED UNDER PROFESSION OR BUSINESS. CAN I FILE THE RETURN FOR ABOVE INCOME IN ITR-4S BECAUSE SECTION 44AD APPLIES ONLY TO BUSINESS NOT TO PROFESSIONS.

PLS. HELP ME. THANKS.