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Sec 44 ad

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swati goel

swati goel (Querist)
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27 May 2012 whether we can show presumptive income U/S 44AD for th AY 12-13?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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27 May 2012 Provisions of Section 44AD are applicable for the AY 2012-13 also. You may show presumptive income in respect of an eligible business of an eligible assessee.
.
Commission Income is not covered U/s 44AD.
.

Mukesh Goyal

Mukesh Goyal (Expert)
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27 May 2012 Yes agreed with Mr Paras.

Thanks & Regards
CACS Mukesh Goyal
+91-99105-30973
MUKESHGOYAL29@GMAIL.com

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