Presumptive income
This query is : Resolved
Neeraj Pal
(Querist)
15 March 2018
There is income from coaching fees collected from students by a private coaching Center. Coaching Center is owned by a proprietor and calculate income on presumptive basis. Whether this income should be calculated under sec.- 44AD or under 44ADA.
Nikhil Kaushik
(Expert)
15 March 2018
normally covered under 44AD. 44ADA is not possible
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