HELLO....MY AGRICULTURE INCOME MORE THAN RS.5000 p.a can i opt presumtive income scheme under section 44AD???
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 07 December 2017
Agriculture Income is exempted in Income tax u/s 10(1). No need to select presumptive sec.
ruchita
(student)
(85 Points)
Replied 07 December 2017
I HAVE AGRICULTURE INCOME MORE THAN RS.5000P.A AND ALSO I AHVE BUSINESS INCOME300000 THEN I OPT SECT.44AD....THAT MY Q
RAJA P M
("Do the Right Thing...!!!")
(127167 Points)
Replied 07 December 2017
Pardeep Garg
(CA-Final Student)
(801 Points)
Replied 08 December 2017
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