44AD on renting of plant and machinery


This query is : Resolved 

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Income from renting plant and machinery, other than goods carriages, can be declared under Section 44AD subject to eligibility conditions under the Income Tax Act.

23 February 2022 Income from renting of plant and machinery other than goods and carriage can be declared under 44ad or not?

23 February 2022 Yes, 44AD applicable.


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