Section 44ad
This query is : Resolved
29 June 2019
Dear Sir,
I am having query regarding applicability of section 44AD , that whether 44AD is eligible for unspecified professions covered u/s 44AA (2) ? as in section 44AD only specified profession covered u/s 44AA(1) has been excluded/non eligible for section 44AD , so as per the language of law we can take 44AD for unspecified profesion like photography or teaching profession ?? if not eligible then kindly suggest treatment for the same
plz guide
I am having query regarding applicability of section 44AD , that whether 44AD is eligible for unspecified professions covered u/s 44AA (2) ? as in section 44AD only specified profession covered u/s 44AA(1) has been excluded/non eligible for section 44AD , so as per the language of law we can take 44AD for unspecified profesion like photography or teaching profession ?? if not eligible then kindly suggest treatment for the same
plz guide
29 June 2019
can take 44AD for unspecified profession like photography or teaching profession
Shrikant Toshniwal
(Expert)
30 June 2019
DEAR FRD , U have to go for sec 44AA bcz presumptive taxation 44ad is restricted under specifed category.
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