44ad scope
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 November 2011
Dear Experts
Does section 44ad can also applies to service industry. For eg. business of repairing , flex printing.
Pl clarify.
thanks.
Does section 44ad can also applies to service industry. For eg. business of repairing , flex printing.
Pl clarify.
thanks.
05 November 2011
Section 44AD applies to eligible business of
Individual HUF or a partnership firm having Turnover less than Rs 60.00Lac.
The service industry as illustrated by you is also covered.
Individual HUF or a partnership firm having Turnover less than Rs 60.00Lac.
The service industry as illustrated by you is also covered.
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