Commission in come under sec. 44ad
This query is : Resolved
21 December 2011
Dear Sirs
Kindly advice me whether the income received can be offered to Tax under Sec.44AD presumptive tax
Thanks and Regards
Kindly advice me whether the income received can be offered to Tax under Sec.44AD presumptive tax
Thanks and Regards
21 December 2011
Every eligible business has been covered by Section 44AD. Commission Income is one kind of business income which is covered.
Sec 44AD can be applied.
Sec 44AD can be applied.
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