Section 44ae
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 July 2013
if an indidual assessee who have his own heavy vehicle ( 2 No. ) and who is engaged in the business of running heavy vehicle on hire but he does not made any builty in is own name. can such a person will fall under ambit of section 44AE.
05 July 2013
yes he declare profit under this secton
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