Computation of income on estimated basis under section 44AD is not applicable to businesses carried on by:

CS Executive · Tax Laws and Practice · PYQS · December 2021
Computation of income on estimated basis under section 44AD is not applicable to businesses carried on by:
(A) Resident individual
(B) Resident HUF
(C) Resident Partnership
(D) Resident LLP

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax Act, 1961

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic