Section 44ad
Querist : Anonymous
One of my client runs 2 buses on the basis of per KM contract with UP roadways. His gross payment for the FY 2011-12 is around 17 lacs thereon the tds is deducted @1% u/s 194C. Whether he can opt Section 44AD or he has to go for Section 44AE.
Please advise me.
Thus S.44AE will be applicable
Querist : Anonymous
Querist : Anonymous
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