Income from rice mill u/s.44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 June 2016
I have a rice mill having a turnover of Rs.36.00 lac. May I declare income U/S.44AD ?
Rupesh Jain
(Expert)
02 June 2016
for mfg activity not allowed. u/d 44AD.
Nikhil Kaushik
(Expert)
02 June 2016
please ignore the response by the expert. rice mill if run by an individual or partnership firm shall be covered can be covered under 44AD.
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