U/s 44ad
This query is : Resolved
09 June 2012
An individual has insurance commission income. It can be take as presumptive income U/s 44AD? and file the return ITR-4S?
CA. Aryendra
(Expert)
09 June 2012
No: Please see exceptions of this section (b) a person earning income in the nature of Commission or brokerage.
C.A Anshul Singhal
(Expert)
09 June 2012
assessee Included Individual,HUF, Partnership Firm(Not Included LLP).
Company Is Not include In Section 44AD
So Insurance Company Can Not takle A Presumption Income U/s 44AD
Company Is Not include In Section 44AD
So Insurance Company Can Not takle A Presumption Income U/s 44AD
C.A Anshul Singhal
(Expert)
09 June 2012
assessee Included Individual,HUF, Partnership Firm(Not Included LLP).
Company Is Not include In Section 44AD
So Insurance Company Can Not takle A Presumption Income U/s 44AD
Company Is Not include In Section 44AD
So Insurance Company Can Not takle A Presumption Income U/s 44AD
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