a commission holder agent has gross receipt of Rs 1,96000 can he fill up itr4s
according to rule u/s 44ad because he has no a/c's? replies me thanks.
No..Section 44AD is not applicable for commission agent. normal provisions will be applicable to him. income will be charged u/s 28 after giving deduction u/s 36
please go through section 44AD(6). The section is not applicable to certain categories. Confirm your client's business does not fall in that.