Sec 44 ad
This query is : Resolved
27 July 2011
I am a doctor, My proffesional income Rs 14,70,000/- and interest income Rs 52000/-
Can I decleare my income u/s 44AD though audit is not compulsory. Books of accounts are maintained as per sec 44AA
Can I decleare my income u/s 44AD though audit is not compulsory. Books of accounts are maintained as per sec 44AA
27 July 2011
44AD covers only business and not professionals, so you cannot use the said sections.
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