Section 44ad
This query is : Resolved
pankaj chourasiya
(Querist)
13 June 2012
please solve the query, one person has taken a property on rent from his mother and thereafter running a hostel over there. Is this income will be the covered under Sec. 44AD?
Dintakurthi Tirumala
(Expert)
13 June 2012
From A.Y.2011-12 those who offering their income under the Business head as business income covers under section 44AD. So i think your case also covering under section 44AD.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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