plase tell
can an insurance agent having commision income above rs 60000.00, treat it u/s 44AD and do he need to maintain
books.
thanks in advance
Menu
Query about exception limit of 1000000
Replies (1)
As per Sec. 44AD (6) (ii), the provisions of 44AD does not apply to a person earning income in nature of commission or brokerage.
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
