It’s different. Enjoy reading the distinguishing parts of Section 44AD Vs. Section 44ADA Vs, Section 44AE
“ We express our pain and anxiety. The Tribunal ought not to have recorded any such concession on the part of the AR contrary to the written submissions”. Madras High Court
Amount received by the assessee from the HUF, being its member, is a capital receipt in his hands and is not exigible to income tax.