Sec 44ad

Whether Sec 44 AD is applicable to Companies

Replies (9)
Originally posted by : Akhilesh Deshmukh
Whether Sec 44 AD is applicable to Companies

No. Sec. 44AD is applicable only to an individual, HUF or a partnership firm other than a LLP [Refer Explanation (a) to Section 44AD].

agreed with above answer.

Agreed with above answer.

YUP....AGREE WITH ABOVE ANSWER
U r rite 44ad nt applicable to companies
No,44ad is applicable only to a resident individual,huf,a firm but n't to co.s
Agree with above answers
44AD is not applicable for companies. Applicable only an individual HUF and partnership firm other than LLP. Individual must be resident.
44AD is not applicable for companies. Applicable only an individual HUF and partnership firm other than LLP. Individual must be resident.

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