Income tax query

This query is : Resolved 

20 January 2012 sir please ans me ,
thatre weather income received from hiring of crane cover u/s 44AE or not ,
weather we can file return showing higher income as 44AE without maintaining books of a/c

20 January 2012 Crane is used for uplifting the goods and is not used for carrying on goods from one place to another. As such , in my view income arising from the crane can not be said as arising from a goods carriage.
Section 44AE will not apply.

20 January 2012 Crane is used for uplifting the goods and is not used for carrying on goods from one place to another. As such , in my view income arising from the crane can not be said as arising from a goods carriage.
Section 44AE will not apply.

20 January 2012 Crane is used for uplifting the goods and is not used for carrying on goods from one place to another. As such , in my view income arising from the crane can not be said as arising from a goods carriage.
Section 44AE will not apply.

20 January 2012 Crane is used for uplifting the goods and is not used for carrying on goods from one place to another. As such , in my view income arising from the crane can not be said as arising from a goods carriage.
Section 44AE will not apply.


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