Can anyone explain the meaning or definition of agency business mentioned/ refereed under section 44ad.
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Agency business as per 44ad
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The scheme of section 44AD is designed to give relief to small taxpayers engaged in any business, except the following businesses: Business of plying, hiring or leasing goods carriages referred to in sections 44AE. A person who is carrying on any agency business
What kind of business would be termed as agency business thats my question...
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