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Question ID : 34821

INCOME U/S 44AE

Whether income under section 44AE can be booked under two assessee in the same financial year? i.e. for 6 month as individual and for the remaining 6 month as partner in firm. Lorry was hired in the name of firm for the remaining period of year.

Posted by SURAJ KUMAR CHOUDHURY on Sep 26, 2018

Filed Under Profits & Gains of Business & Profession