Section 44ad

This query is : Resolved 

27 January 2013 whether It is possible to file return under section 44AD for an individual who does two businesses like motor machenic (Service provider not registered for S.Tax) and building material supplier (not registered with VAT)?

27 January 2013 yes it can be filled with separate details

29 January 2013 Return showing income u/s. 44AD can be submitted for more than one eligible business if the turnover or receipt does not exceed the limit liable for audit u/s. 44AB.


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