Eligible business under 44ad
This query is : Resolved
Neha Mason
(Querist)
15 December 2014
Can anyone tell me whether 44AD applies to business of giving cars on hire????
Section 44AD talks about eligible business. Can i file the return under this section rather than showing balance sheet and profit and loss account in ITR-4?
Section 44AD talks about eligible business. Can i file the return under this section rather than showing balance sheet and profit and loss account in ITR-4?
15 December 2014
Definitely you can go for 44AD without filing the balance sheet and profit and loss account .
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