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Under sec. 44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 February 2012 Dear Expert

Please tell me the professional income of a doctor nearly 15,00,000/- annul it's eligible for file under sec. 44AD (this Sec. only for business people)
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Guest

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Guest (Expert)
28 February 2012 Sec 44AD not applicable if receipts crosses Rs. 15 lakh. In that case audit u/s 44AB is necessary.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
29 February 2012 Section 44AD can't be applied since it is concerned with business and not for profession.
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
08 April 2012 I agree with Warrier the experts and they have given you the correct suggestion.
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