Sec.44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 May 2012
Respected Sir,
Whether restopactive amendment in Sec.44ad w.e.f.01/04/2011 is changed or not.
Whether restopactive amendment in Sec.44ad w.e.f.01/04/2011 is changed or not.
14 May 2012
The amendment has not been withdrawn and is applicable.
Accordingly, assessess having commission income or income from agency cannot avail benefit of Section 44AD.
Accordingly, assessess having commission income or income from agency cannot avail benefit of Section 44AD.
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