Income tax

This query is : Resolved

Nitin Ananda Bhosale (Querist)
Follow

07 May 2012 My father is contractor (Plumbing). His annual income less than 2 lakhs. One party has deducted the TDS on the payment given to him. whether section 44AD is applicable? The same query i already posted. I got the answer form the expert that he has to file the return for claiming the TDS return. But i am still confuse about whether section 44
AD is applicable or Not?

Amol Gopal Kabra (CA,CS,DISA)

Amol Gopal Kabra (CA,CS,DISA) (Expert)
Follow

07 May 2012 Section 44AD is applicable for the business. But you need to file IT return for claiming the TDS amount.

prateek aanchalia

prateek aanchalia (Expert)
Follow

07 May 2012
Sec 44AD related to SPECIAL PROVISION FOR COMPUTING
PROFITS AND GAINS OF BUSINESS OF CIVIL CONSTRUCTION.
Refer this link..
www.vakilno1.com/bareacts/incometaxact/s44ad.htm

TDS refund u required to file return..