section 44AD
gaurav (Student Others) (26 Points)
16 August 2018
Is exporter of services eligible to claim section 44AD?
4 Replies
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 16 August 2018
The EXPORT is one of Transaction name as Purchase, Sales / Import, Export/ . Not Incomes name...
gaurav
(Student Others)
(26 Points)
Replied 16 August 2018
Pardon Raja Ji I didn't get what you want to express. Actually one of my client provides promotion services to foreigners or outside India clients, so will he be eligible to declare profit as per section 44AD?
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 16 August 2018
The word of EXPORT no more meaning as Incomes head as per IT...
CA Bhavik Soni
(867 Points)
Replied 21 August 2018
export means you are billing in foreign currency and you directly get the same in to your bank account.
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