banner_ad

44ad

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 July 2013 Dear Sir,
A LPG dealer whose business in a rural area and turnover is about 45 lacs. Whether he can opt section 44AD ?
or
He can't opt 44ad, as his business is in the nature of commission.

Please clarify.
Profile Image

CA UMESH DULAL

Profile Image

CA UMESH DULAL (Expert)
31 July 2013 No, as his business is agency business
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 July 2013 However LPG dealers receive their commission from customer, not from their agency.
Profile Image

CA UMESH DULAL

Profile Image

CA UMESH DULAL (Expert)
01 August 2013 Dealers gets the LPG and discounted price and sells it in full price.

either way it is a agency business so 44AD not applicable to you.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details