Section 44ad in case of commission & other misc income.
This query is : Resolved
CA. Afjal Y Hamirani
(Querist)
28 February 2012
Hello Sir/Madam,
Is section 44ad is applicable in case of commission received during the year from two company & other misc. income earned during the year?
Please reply answer of my this query as soon as possible?
Thank You Sir/Madam?
Is section 44ad is applicable in case of commission received during the year from two company & other misc. income earned during the year?
Please reply answer of my this query as soon as possible?
Thank You Sir/Madam?
Saurabh Tandon
(Expert)
01 March 2012
Section 44AD does not specify the business, & in such case commission income can also be computed accordingly under this provision...
Dhirajlal Rambhia
(Expert)
12 July 2023
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