Can HUF also adopt section 44ADA of income tax act? Or is section 44ADA restricted only to individuals?
Sagar Sharma (Mr.) (23 Points)
18 October 2017Can HUF also adopt section 44ADA of income tax act? Or is section 44ADA restricted only to individuals?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 18 October 2017
Technically......... only individual can be professional.......
But act allows HUF and partnership firms to adopt section 44ADA.....
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