Sec.44ad

This query is : Resolved 

20 February 2013 Sir,
I have started My own Accounting firm just before two months,in this first year if i have a loss in my business then to carry forward this Sec.44AD is applicable to my business?

20 February 2013 You are saying your business is accounting i.e it is professional income so for professionals section 44AD not applicable.

OM SAI SRI SAI JAI JAI SAI


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