Rebate u/s 87A with 44AD

Originally posted by : Sagar padhi
	You are not getting the question sir...i know the limits...amounts....I just want to know can I use rebate when i use 44AD...thats all sir

Yes, you can avail rebate u/s. 87A when the income assessed under sec. 44AD (simultaneously)

	Sir, Please one more question... As of above way I stand as following... (In CAs we touch 44ad)1. Show the profit 8% / 6%2. Don't be show less than above. If less than 44AB applicable. 3. In case we show loss then we can use 44ad.4. If show it loss and base 44AA then 44AB applicable.....5. No need books of accounts if show loss sec 44ad.... So,I use above said points in that accounts... Am I Right Sir...?Please correct me if I am wrong...!!!

Am I Right Sir...?.............

Yes. technically right....... drafting can be improved.....

Also these applicable to partnership firm.

Dear Dhirajlal Sir.,

Thank you for the replying and Given Exact solutions and also noted the Sections... 

I have one question sir.,

What is the exact meaning for "technically right....... drafting can be improved...???

 

Dear, Your english is not very bad......... there are many who are still learning........ and I have noted your improvement......... So, no need to degrade own self....... But it was not as per text book............. finally you have rectified to great level. .........Main thing is understanding the principle, which you have cleared, but note that this conditions will be applicable only for partnership firm.

......... Great......... Good luck..........

Dear S. Elavarasi,

" What is the exact meaning for "technically right....... drafting can be improved...??? "

Basic or main principle is clear in mind...... but not properly represented (may be as per law/section or books or other experts)........ So, there can be/needs some improvement.

Most Welcome, Dear Sagar.