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Can cab owner can show his income u/s 44ad & file itr4

Tax queries 2359 views 1 replies

Hi all, 

one of my Client has 2 owned cars & he hired 4 drivers under him & he pays rs, 80,000 in total for them.. he has diesel expenses & Repair expenses in additon to salaries .. he kept his cars under OLA and Uber & they deducted TDS on his pan & paid the Watever amounts they have to via bank transfers 

Can he file itr4 under 44ad presumptive income

Replies (1)

Yes, he can opt for section 44AD.


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