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Business income u/s 44AD


ashok gupta   23 March 2020

ashok gupta

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whether business of purchase and sale of plots/immovable property can be claimed u/s 44AD

avater

rama krishnan   23 March 2020

rama krishnan

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Yes it can be

avater

RAJA P M ("Do the Right Thing...!!!")     23 March 2020

RAJA P M
"Do the Right Thing...!!!" 
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Yes... The said Business can be u/s 44AD...

ashok gupta   23 March 2020

ashok gupta

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Whether registration in GST is required for that?


(Guest)

But your turnover should limit up to 2 Cr. in a F.Y
also if you are running a company or LLP then also benefit of 44AD not available.


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