I am engaged in the business of providing logistic service relating to export/import viz. transportation, warehousing, packaging, custom clearance.major area of activity is custom clearance which involves clearing of goods from docks/airports.Client pays me full amount out which I pay duties and transportation charges and remaining income is my income.can i opt for presumptive taxation under 44ad when filing income tax.
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Can clearance agent opt for presumptive taxation.
Replies (4)
Yes you can opt
Are you getting Commission Income as a Agent?.
Sec 44Ad has many other conditions.
If you are Getting Commission Income, then you Can not Opt for 44AD .
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