Presumptive tax u/s 44ad
This query is : Resolved
15 June 2017
The person offering U/S 44AD is eligible to claim deduction of expenses like remuneration, interest on capital , profit from firm from A.Y 2017-18
CA R SEETHARAMAN
(Expert)
15 June 2017
The person offering U/S 44AD is not eligible to claim deduction of expenses like remuneration, interest on capital , from profit of firm from A.Y 2017-18
Amol S Joglekar
(Expert)
15 June 2017
No, not permitted to claim such expenses. These expenses shall be deemed to have been claimed.
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