Section 44AD

RAJ KUMAR (FINANCE MANAGER) (1393 Points)

27 June 2011

HELLO FRIENDS, PLS. TELL ME IS SEC 44 AD APPLICABLE ONLY TO BUSINESS?

WHETHER PROFESSIONALS ARE COVERED HERE OR SERVICE PROVIDERS ARE COVERED HERE?

I THING ONLY BUSINESS ASSESSEES ARE COVERED HERE?

PLS. HELP ME.

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8 Replies

@*CS Siddharth Bumb. * (B.Com, CA Final, CS ) (5270 Points)
Replied 27 June 2011

yes sec 44 AD is applicable only for business.... it is for retail business..

CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 27 June 2011

yes 44AD IS APLICABLE IN CASE OF BUSINESS

vipul patel (Ahmedabad) (320 Points)
Replied 27 June 2011

sec 44AD is applicable to all Business Except transport bcs in this case sec 44AF if applicable

KIYOSH (TAX CONSULTANT) (332 Points)
Replied 27 June 2011

yes applicable to business & not professional

RAJ KUMAR (FINANCE MANAGER) (1393 Points)
Replied 27 June 2011

PHOTOGRAPHER IS ALSO A SERVICE PROVIDER.

SEC 44 AD ALSO NOT AAPLICABLE TO PHOTOGRAPHER?

PLS. HELP ME.

I AM IN GREAT NEED.

RAJ KUMAR (FINANCE MANAGER) (1393 Points)
Replied 27 June 2011

PLS. REPLY ANYBODY.

M. N. JHA (CA) (8316 Points)
Replied 28 June 2011

Originally posted by : KIYOSH
	yes applicable to business & not professional

Mukesh Kumar Singh (CA-FINAL) (4094 Points)
Replied 28 June 2011

sec 44AD is applicable to all Business Except transport bcs in this case sec 44AF if applicable

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