Income tax section 44ae

MOHD AZID (TAX LAWYER) (142 Points)

12 March 2015  

My client doing the transport business. He has not own any trucks. He recieved order from paper mills on phone. Then he calls to truck owners, after that truck owners send their trucks to paper mills & my client issue his firm transport firm bilti. My client recieved all freight payment by cheques from paper mills & made cash payment to truck owners.

can my client file his ITR  u/s 44AE?

If not, then tell other provisions.

Looking for earliest reply.

Regards