44ad

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Querist : Anonymous (Querist)
27 February 2013 44AD IS APPLICABLE ON SERVICE PROVIDER OR NOT?

27 February 2013 No service provider can not take benefit of Sec 44AD.

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 February 2013 Sir, I gone through the page of critical analysis of sec. 44 AD of the ca club India\ https://www.caclubindia.com/articles/critical-analysis-of-section-44ad-9048.asp#.US3hYzD-Fi0 - where it is specified that the sec. is applicable on service provider also.

27 February 2013 It was correctly written.
But after Retrospective Amendment in 2012, No Service Providers can avail benefit of this section.


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