business / profession - 44ad

296 views 2 replies
1st
Huf proprietorship - diagnostics lab center

Husband - gastro dr.
Wife - pathologist

44ad applies or not???
Profit declaration
Business 8%/ profession50% ???
Replies (2)

Being professionals Sec 44ADA will be applicable. Hence, 50%.  

Originally posted by : Ranjan Verma
1stHuf proprietorship - diagnostics lab centerHusband - gastro dr.Wife - pathologist44ad applies or not???Profit declarationBusiness 8%/ profession50% ???

(1) Huf proprietorship      >> 44AD applicable. 
(2) Husband - gastro dr.   >> 44ADA Aplicable.
(3) Wife - Pathologist       >> If running her own Path Lab then 44AD applicable / if working as a consultant with some other Path Lab then 44ADA applicable.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register