One business u/s 44ab & other u/s 44ad

Originally posted by : Pawan Mittal
	Dear Experts Is it possible that one Assessee is carrying on one business u/s 44AB and other u/s 44AD?

yes ,as per my opinion we can keep both the section 44AB & 44AD individuly if person carrying 2 business  & one business applicable business audit & other not then he can take.......................but u jst confirmed with others.................

i think it is not possible for one assessee can file return u/s 44ab & ohter u/s 44ad because one assessee can return file once time.  have one pan no. how can possible. please wait another ans.

thanks

Regards.

Ramanuj

Under Single PAN, Its Not Possible.

Both Business is to be Taken for calculation of Limit u/s 44AB.

Regards,

CA Ayush Agrawal