Section 44 ae

This query is : Resolved 

02 January 2017 U/S 44 AE- CAN I DECLARE MORE PROFIT UNDER THIS SECTION WHAT PRESCRIBED

03 January 2017 According to Section 44AE Any Taxpayer who wons not more than 10 Goods Carriage and is engaged in the business of plying hiring or leasing of Goods Carriage , his income would be deemed to be Rs. 7500/- per Goods Carriage per month.
Rs. 7500/- Per Goods carriage per month its minimum income but you can show maximum income as per your convenience.

03 January 2017 44AE is presumptive income minimum Rs.7500/- PM Per Vehicles maximum 10 vehicle.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details