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Filing incme tax return for a.y.2012-13

(Querist) 23 March 2013 This query is : Resolved 
AN ASSESSEE IS DOING HER BEAUTY PARLOUR BUSINESS.CAN SHE FILED HER RETURN OF INCOME FOR A.Y 2012-2013 U/S 44AD OF THE I.T.ACT1961.
Sankaranarayanan (Expert) 23 March 2013
first you said 44 AE now 44 AD kk any how
if you are come under the bellow
1.Assessee eligible for the purpose of this Section has to be an Individual/a HUF/a Partnership Firm( not being a LLP);
2.The assessee has not claimed any deduction u/s.10A,10AA,10B,10BA,80HHto 80RRB in the relevant Assessment Year;
3.They will not engaged in the business of plying,hiring,or leasing goods carriages referred to u/s. 44AE; and
4. Total Turnover/ Gross Receipt of the Assessee in the previous year should not exceed Rs. 60.00 lakhs.
then she can file u/s 44AD
Raj Kumar Makkad (Expert) 25 March 2013
I do endorse the advice of sankar.


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