Presumptive taxation
This query is : Resolved
Arun Gupta
(Querist)
11 February 2017
is the owner of Ola & Uber can Opt for any Presumptive Taxation Scheme......??
Please Reply Asap
Please Reply Asap
CA R SEETHARAMAN
(Expert)
11 February 2017
Owner of Ola or Uber can't opt for presumptive scheme as they receive commission only. Owners of vehicle who operate their vehicle under Ola or Uber can opt for this scheme.
KAVIRAJA ADDANGADI
(Expert)
11 February 2017
Commission income not comes under Presumptive Income so you you cannot opt under Presumptive Income Scheme.
Arun Gupta
(Querist)
13 February 2017
Sir,
Can Owner of Cabs opt for 44AE
Can Owner of Cabs opt for 44AE
CA R SEETHARAMAN
(Expert)
13 February 2017
No, only truck owners can opt for 44AE.
Arun Gupta
(Querist)
13 February 2017
So
U mean he can opt(presumptive taxation) only 44AD
U mean he can opt(presumptive taxation) only 44AD
CA R SEETHARAMAN
(Expert)
13 February 2017
Yes............................................
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