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Commission income and sec44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2012 respected sir,
ihave filed for form4s and availed the benifit of sec 44ad in respect of commission income for asst year2011-12.
please clarify some one that whether i have to revise my return for ass year 2011-12 or not.
thanking you
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
11 July 2012 Section 44AD has been retrospectively amended w.e.f from AY 11-12 to provide that Section 44AD is not applicable to commission or agencey income.

Therefore, you should revise your return.
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