Section 44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 August 2015
Hello
Assessee having Tution Fees Income From Private Coaching Class Can he opt for Section 44AD,
Assessee having Tution Fees Income From Private Coaching Class Can he opt for Section 44AD,
10 August 2015
Yes he can opt for section 44AD as long as his gross receipts does not exceed Rs. 1 crore.
Message likes :
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10 August 2015
This is not a business income, section 44AD applicable only on business income.
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