Business u/s 44ad
This query is : Resolved
23 March 2012
dear sir,
my question is whether tution, coaching centers, are covered as eligible business u/s 44AD or not. if not then whether the provision of maintaining books of accounts for income above Rs. 120000/- is sustainable or not
my question is whether tution, coaching centers, are covered as eligible business u/s 44AD or not. if not then whether the provision of maintaining books of accounts for income above Rs. 120000/- is sustainable or not
24 March 2012
No
any professional income is not covered , it is now clarified in FB 2012 too. The maintenance of books of account is sustained whether you are doing Business or non-specified profession.
any professional income is not covered , it is now clarified in FB 2012 too. The maintenance of books of account is sustained whether you are doing Business or non-specified profession.
24 March 2012
No
any professional income is not covered , it is now clarified in FB 2012 too. The maintenance of books of account is sustained whether you are doing Business or non-specified profession.
any professional income is not covered , it is now clarified in FB 2012 too. The maintenance of books of account is sustained whether you are doing Business or non-specified profession.
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