Presumptive income scheme u/s 44ad

Pankaj (Manager) (284 Points)

28 February 2012  

Dear all,

I have to submit income tax return of F Y 10-11 of my client .

Occupation is Beauty parlor & Insurance adviser.

Gross Commission from Insurance Business Rs 638109/-

Gross Receipt from Beauty parlor Business Rs 102450/-

I have question, that new presumptive income scheme u/s 44AD new can be used in this matter.

Means is her Occupation eligible for benefit u/s 44AD.

 

Please help in this matter.