Turnover u/s 44ad

Pawan Mittal (CA Final) (702 Points)

28 March 2013  

Mr. X is running 3 businesses namely A, B and C and having turnover of Rs. 50 lacs from each business.

Mr. X is also running business D whose turnover is Rs. 30 lacs and he does not maintain the books of accounts of business D.

Now can business D be covered u/s 44AD?