Aop status assessee if eligable to claim u/s 44ad or not

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Accountant
20 Points Posted on 08 June 2012

 

Dear Sir
An Assessee is registered under Association of Person and another one is Trust they doing some contract work i.e. Supply of Labour to Municipalities and their contractors(Municipalities) TDS Deduct @ 2% on Contract amount paid to Assessee's and now my dought is these assessees is file his returns u/s 44AD or not and tell me in which return is applicable.
 
please tell
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On 08 June 2012 at 13:08 Report
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JOB
20 Points Posted on 11 June 2012

For section 44AD Eligible assessee are Individual Partnership Firm Hindu undivided Family who is a resident in india

& no other person is eligible for this section.Hence both of them i.e AOP & Trust is not eligible for this section.

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On 11 June 2012 at 12:22

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