Aop
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 December 2012
CAN A AOP BE CLAIM HIS NET PROFIT U/S. 44 AD FROM An eligible business, a sum equal to eight per cent of the total turnover or gross receipts of the assessee in the previous year 2011-2012 on account of such business
Amol S Joglekar
(Expert)
12 December 2012
AOP per se does not fall in the category of "eligible assessee" as per sec 44AD.
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