44 ad applicability

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 January 2016 A person is doing busines of IRONING (press) OF CLOTHES & DRY CLEANING OF CLOTHES.

HIS INCOME is less than 10 lacs p.a.

can we file return of income u/s 44 AD?

If yes, than under which heading?? [RETAIL TRADING/ SERVICE CATEGORY]

IF we apply for service categry u/s 44AD than will he be liable to register himself under SERVE TAX as he has already crossed 9 lacs p.a.??

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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14 January 2016 Yes he can file return u/s 44AD. Since he is not doing any trading he has to select service as category. Regarding applicability of service tax if he has crossed 9 lacs per annum and his dry cleaning service is a taxable service under service tax than he may have to register himself under service tax.

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