Sec 194h
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 September 2012
Person having income from commission of Amway business and tds is deducted on that income can we take it in Sec 44AD. Also he has a salary income.
Dintakurthi Tirumala
(Expert)
22 September 2012
Yes, He can consider his income u/s 44AD. However you say the assessee is also has salary income so in case he is any government employee then better to offer his commission income under Income from other sources.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
22 September 2012
44AD can't be availed for commission income by virtue of sub section (6) clause (ii).
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