commission income is eligibity for sec 44 ad ? what condition to fulfill ? explain latest sec 44ad?
urgent pls help
Deepak Gupta
(CA Student)
(15922 Points)
Replied 13 October 2013
| Originally posted by : srikumar | ||
 |
commission income is eligibity for sec 44 ad ? what condition to fulfill ? explain latest sec 44ad? urgent pls help |
 |
W.e.f A.Y. 2011-12, Sec. 44AD is not applicable to a person (Individual/HUF/Partnership Firm) earning income in the nature of commission or brokerage.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
