Section 44 ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 May 2017 Sir,
I have rented out a property which is under service tax payment and also running out a small business. Can I opt for section 44 Ad on my income from business ( which includes both labour charges and sales) as it is less than 25 lakh pa.
Please give me a reply.
Thanks and Regards.

20 May 2017 Yes you can opt for 44AD on your business income.


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