Applicability of s.44ad to agency business
Amit Vasant Dandekar (Finance Professional) (34 Points)
07 July 2016Amit Vasant Dandekar (Finance Professional) (34 Points)
07 July 2016
LASKHMANAN
(CA in Practice)
(29 Points)
Replied 07 July 2016
Section 44AD does not apply to agency business
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 07 July 2016
Amol
(Accounting)
(432 Points)
Replied 07 July 2016
For other small businesses, is 44AD compulsory or optional? Can we declare income above 8% & yet not opt for 44AD?
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