section 44ad for commission business
This query is : Resolved
28 July 2017
Hello sir greetings!.
want to know that a person engaged in business of property renting or sale purchase.
can he opt section 44 ad and show his business income @ 8 percent.
Dhirajlal Rambhia
(Expert)
18 October 2021
No. Brokerage income is not to be declared under sec. 44AD...
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