Income tax rule 12
This query is : Open
30 November 2017
As per income tax rule 12, an individual assessee income from business is eligible to file under presumptive profits under section 44AD. please advice me.
30 November 2017
The individual's business, If eligible for the sections of 44AD & 44ADA then He can opt in presumptive scheme...
Otherwise follow the normal Scheme...
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