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Section 44AD - Computation of income on estimated basis

Income Tax - Profit and Gains of Business or Profession - 76 - SEC - 44AD: COMPUTATION OF INCOME ON ESTIMATED BASIS CONDITIONS: The provisions of section 44AD are applicable only if the following conditions are satisfied: Eligible Assessee: Eligible assessee for this purpose is a person resident in India who is an individual, a HUF or a partnership firm (not being a LLP) Has not claimed some deductions: The assessee has not claimed any deduction under sections 10A, 10AA, 10B, 10BA, 80HH to 80RRB .....

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