JCB machine income can covered US 44ad or US 44ae
This query is : Resolved
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26 July 2024
income earned form JCB machine on hire basis to individual can be covered US 44AD or 44AE
26 July 2024
Under which section TDS has been deducted?
26 July 2024
no tds deducted, worked for individual in previous year
26 July 2024
Generally declared under business head, if no rental contract. So, one can opt for Sec. 44AD IT act.
26 July 2024
Thank you very much SIR
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26 July 2024
You are welcome.
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