Section 44 Ad
This query is : Resolved
24 June 2011
Whether section 44AD applies only to retail business or to any type of business?
24 June 2011
Section 44AD applies to eligible business.
*
Eligible business may be of any type i.e.
whole sale , retail, manufacturing activity.
*
Only Sectionn 44AE business i,e, related with plying hiring of vehicle etc. is not included otherwise all types of businesse are covered U/s 44AD.
*
Eligible business may be of any type i.e.
whole sale , retail, manufacturing activity.
*
Only Sectionn 44AE business i,e, related with plying hiring of vehicle etc. is not included otherwise all types of businesse are covered U/s 44AD.
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