Abt 44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2018 Dear Experts

Can Income from Mutual Fund Commission and Computer Job Work Consider as Business and fill the ITR u/s 44AD or any others.

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Expert : Anonymous

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Expert : Anonymous (Expert)
18 June 2018 No... As per above way You can't opt u/s 44ad...
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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2018 ok thanks sir but then maintain the books of account and declare the profit more then 8% or 50%
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
29 September 2021 More than 50%, for professional income. While for commission income, no barrier.
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