Dear Sir,
Presently i started a sole propriotor business. I am on the business of giving commercial vehicle for hire for that i am charging an sum of rupees. i had 4 vehicles . Now i am in a dilemma under which section do i need to get my returns filed. Either 44 AD or 44 AE. Besides i do some small portion of income from Salaries . Please guide me in which way can i return my files legally without any discrepancies.
You can opt for Section 44AD........
Thanks for your concern in replying to me. Sir, if we opt for 44 AE , there is a hearing that i need to folow the same principle for the next 5 years. Please guide me
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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