44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2013 Dear Sir,
Whether a stamp paper vendor can opt section 44AD?

31 July 2013 Yes because they are getting 'discount' and not 'commission' as per Kerala High court decision in Kerala Stamp Vendors Association Vs. AG ,reported in (2006) 282 ITR 7 decided in connection with TAX AUDIT issue.


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