Question ID : 39271

Books of Accounts

If a person is earning commission income & also he has another business in which wishes to opt for 44AD.. First case-by-case Whether he can opt for 44AD for one business if he is having commission income as his secondary income. Second case- If in place of commission Income, he is having professional income and wishes to opt 44ADA. Whether 44AD can be opt for if 44ADA is chosen. Thanx in advance.

posted by CA Neha Gupta on Jul 4 2019 12:00AM