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Sec 44ad

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30 September 2014 what is meaning of total income for application of sec 44ad.whether only business income or taking gross total income from all 5 heads and thereafter deducting sec 80 deductions .
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Nikhil Kaushik online

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Nikhil Kaushik online (Expert)
30 September 2014 only the business receipts are to be considered...
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CA SANDESH MAHIPAL

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CA SANDESH MAHIPAL (Expert)
30 September 2014 It means only income from that business for which you are taking benefit of 44AD.
Other business income can also be there.




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