Income Tax

This query is : Resolved

JAWAHAR (Querist)
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04 August 2009 Whether I can opt deemed profit U/s 44AD in a Manpower security contract to companies, Advertisement contract, labour contract etc...where TDS has deducted 2.06%?

CA.PRAMOD KUMAR PANDA

CA.PRAMOD KUMAR PANDA (Expert)
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05 August 2009 Yes. all such activity are included on a combine reading of both the Section.

Ratan Sharma

Ratan Sharma (Expert)
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05 August 2009 Hi,
Sec. 44AD is applicable for civil contractors or for supply of labour for civil contracts. In my opinion sec. 44AD is not applicable in your case.