Whether a Chartered Accountant is entitled to take benefit of presumptive scheme of declaring income u/s. 44AD?
Thanks & regards
Hardik
4 Replies
suchit shah
(Dy. Manager(Finance & Accounts))
(208 Points)
Replied 05 January 2012
Totally agree with kirti
Section 44AD is only for business and not for profession.........
subodh kumar tiwari
(Management trainee in L&T Ltd)
(25 Points)
Replied 05 January 2012
Totally agree with both us
Section 44AD is only for business and not for profession......so ...CA is not ELIGIBLE FOR PRESUMPTIVE SCHEME OF DECLARING INCOME
Kapil Goel
(CA Final Student - Nov 2011)
(55 Points)
Replied 09 January 2012
ya ! agree with kirti !!
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