Applicability of Section 44 AD in case of Income
This query is : Open
07 August 2025
If a senior citizen Having Pension income of 18 lakhs per annum and also has Parking Rental Income of 15 lakhs per year. Can he file a return which shows Parking Income as Income from Business & Profession having taxability under section 44AD presumptive taxation and the pension part separately under Income from Salary.
Please Guide
Thanks in Advance
Please Guide
Thanks in Advance
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