Rent income on car
This query is : Resolved
30 August 2014
I have business income from Rent a cab i.e. hiring a motor car. i have shown profit around 8% to 10%. under which section i have to file my return is it U/s. 44AD or 44AE or Required p/l a/c
30 August 2014
Section 44AD is applicable. Section 44AE is applicable for running goods transport vehicles
30 August 2014
u/s 44AD will applicable.
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