A person is running raxi which is owned by himself. whether it is income from business or other source.
if it is business income can we opt for 44AD.?
he also have income from house property
thanks in advance
Asscssee can show his income in business and profession . and either he can opt presumptive taxation U/s 44AD which ever is more benifitial to asscessee.
Asscssee can show his income in business and profession and he can file itr 4 for more benifitial to asscessee.
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