03 March 2018
Is services for Business Consultancy, Market Research and Supply Chain Compliances (Logistics etc.) an eligible Business under section 44A?. If it is not regarded as Business and is a Profession, will it be eligible as specified Profession u/s 44AA to avail presumptive taxation u/s 44ADA?
03 March 2018
It doesn’t amount to profession. It will be covered in business and eligible for deduction u/s44AD if the unit is a proprietary, HuF or a partnership firm
CAclubindia
