Car rental

Hello Sir,

For Presumptive income in ITR 4 under which section I can show the Car rental business? Please help me in this regard.

 

Replies (4)

21008-Other services n.e.c.  .........is more suitable........... though another code is.......

11003-Passenger land transport.

Hi Sir,

Thank you for your reply. Can I file the IT returns u/s 44AD for the car rental business. Please confirm

Or should I go with 44AE

No 44AE is applicable for for goods carrier only

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