Income from passenger vehicle ------------------------------
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 March 2016
sir,
Kindly inform , if a person deriving income from a passenger vehicle ,under which sec income is to calculated ? sec 44AD or 44AE?
Thanks
Kindly inform , if a person deriving income from a passenger vehicle ,under which sec income is to calculated ? sec 44AD or 44AE?
Thanks
04 March 2016
Only section 44AD applicable. 44AE is applicable only for trucks of goods carriage.
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