Transportation business query

154 views 1 replies
Mr A owns 2 trucks and hire trucks as needed and do transportation business.....so how to file income tax return of such person...weather 44AE for 2 truck owns or commission income or both ????

is it possible to show both in single return as 44AE and commision income ??


please reply as early as possible


thanks in advance
Replies (1)

Can declare  income for 2 trucks under sec. 44AE, and for remaining income under normal business income.


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