1st
Huf proprietorship - diagnostics lab center
Husband - gastro dr.
Wife - pathologist
44ad applies or not???
Profit declaration
Business 8%/ profession50% ???
Being professionals Sec 44ADA will be applicable. Hence, 50%.
Ranjan Verma (11 Points)
06 July 2018
Kalpesh
(Chartered Accountant)
(349 Points)
Replied 06 July 2018
Being professionals Sec 44ADA will be applicable. Hence, 50%.
Saifullah Khalid
(Autodidact/Curious )
(633 Points)
Replied 06 July 2018
| Originally posted by : Ranjan Verma | ||
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1stHuf proprietorship - diagnostics lab centerHusband - gastro dr.Wife - pathologist44ad applies or not???Profit declarationBusiness 8%/ profession50% ??? |  |
(1) Huf proprietorship >> 44AD applicable.
(2) Husband - gastro dr. >> 44ADA Aplicable.
(3) Wife - Pathologist >> If running her own Path Lab then 44AD applicable / if working as a consultant with some other Path Lab then 44ADA applicable.
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