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Motor car hire business

This query is : Resolved 
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(Querist)
25 July 2011 One of My client is giving motor cars on hire to tour operators. Gross turnover less then 600000 /- can he declare his income U/s. 44AE or 44AD.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
25 July 2011 Section 44AE is for 'goods carriages' and hence can't be applied in the cited issue.
Section 44AD can be opted.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
25 July 2011 44 ad can be applied but not 44ae
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