Tax computation
This query is : Resolved
29 May 2012
Hi members, my friend is software engineer. He had received an amount of around Rs.11 lakhs during previous year on weekly basis from out side India. in fact there no employee and employer relation.
kindly give guidance on taxation on such income. can i apply provisions of section 44AD?
thanking you
kindly give guidance on taxation on such income. can i apply provisions of section 44AD?
thanking you
29 May 2012
Section 44AD is not available for professionals.
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