Deepak Gupta (CA Student) 03 February 2014
|Originally posted by : abhishek|
Can anybody tell me whether we can file income under presumptive taxation sec 44AD if we a person is earning brokerage income from selling of properties ?
Thanx in advance :)
As per Sec. 44AD(6)(ii), presumptive scheme is NOT applicable to a person earning income in the nature of commission or brokerage.