Is sec 44AD id applicable for profession i.e. CA, Doctor etc. or not? And Lic agent is in the category of profession or business? please provide full information upon this.
thanks
vinay sharma (CA final (Article)) (327 Points)
23 June 2011Is sec 44AD id applicable for profession i.e. CA, Doctor etc. or not? And Lic agent is in the category of profession or business? please provide full information upon this.
thanks
M. N. JHA
(CA)
(8316 Points)
Replied 23 June 2011
NO.......................it is apllicbale only on eligible business..............
CA. ANKUR JAIN
(CA.....)
(2800 Points)
Replied 23 June 2011
44AD is only applicable on business not on profession
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 23 June 2011
Originally posted by : aNkuR jAin.................... | ||
44AD is only applicable on business not on profession |