Section 44AD of the Income Tax Act

Querist : Anonymous (Querist) 23 September 2010 This query is : Resolved
Does eligible business for the purpose of Section 44AD include services ? If so,what services are not applicable?

Follow Query

Report Abuse

adv. rajeev ( rajoo ) (Expert) 23 September 2010
Assessee should be engaged in the business of civil construc tion or of supply of lab our for civil consstruction.
It does not includes service.

s.subramanian (Expert) 23 September 2010
I agree.

A V Vishal (Expert) 24 September 2010
PROVISION W.E.F.01/04/2010

All type of business except business of plying ,hiring or leasing goods carriage

Querist : Anonymous (Querist) 25 September 2010
My understanding is that effective 1.4.2011,all businesses except the business of plying road transport and businesses required to maintain books of account under Section 44AA come under the purview of Section 44AD ?Is it correct?