CCI Online Learning
What do you want to learn today?
     

Freedom sale - Get upto 30% discount in all CA CS CMA and Certification courses. Call Coaching: 1800-3000-0505 Certification course : 011-411-70713

CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Section 44AD

This query is : Resolved 

sir,
A Proprietorship firm is doing business in debt collection service from defaulter customers of finance companies. Firm gets commission from such finance companies as income. Does the proprietorship firm fall under section 44AD, is Form ITR 3 applicable for it?


For commission income 44AD not applicable hence file ITR 3.


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


Click here to login now



Similar Resolved Queries :





Trending Tags
GST Live Class    |    x