Builder can get benefit of presumptive income u/s 44-AD

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....uilder can get benefit of presumptive income u/s 44-AD<br> Query (Issue) Started By: - PRAVIN SINGH Dated:- 23-1-2011 Last Reply Date:- 27-7-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>If builder ....

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....himself engaged in construction activity for the A.Y.2010-11and having turnover less than limit specified u/s 44AB, can he furnish his return of income U/S 44AD. if relevant judgment is there for the ....

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....said issue, please provide. Reply By Surender Gupta: The Reply: What do you understand by the term "Builder" and "contractor"? Whether he is having any turnover from an activity acting as Builder. I....

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....f yes it is forming part of total turnover. Provision of section 44AD are clear in this respect. You may also see certain case laws under section 44AD.<br> Discussion Forum - Knowledge Sharing ....