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Section 44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 November 2014 Sir,

Let i am carrying a business of manufacturing in some cosmetic item, and now manufacturing is covered under section 44AD.

NOW MY QUESTION IS WHAT IF A PERSON RECEIVES COMMISSION FROM SAME BUSINESS UNDER THE PROPRIETORSHIP FIRM, THEN WHETHER HIS WHOLE BUSINESS IS OUT OF SCOPE OF 44AD or Only Commission income is considered separately and manufacturing activity is still to be included in Section-44AD......??
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
03 December 2014 Only commission income to be considered separately.

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