Tractor & trolly (non agriculture) on monthly rent to a party.
Can we declare income us 44ad?
Or some other provision
Please advise asap
Regards
Vikas
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machinery rent income can be treated us 44ad
Replies (3)
No.
Declare it u/h PGBP and claim expenses along with depreciation.
THANKS SIR
good clarification and information
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