Are Builders eligible for section 44AD

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  1. igibalaji

    igibalaji New Member

    I am into construction of apartment (Builder), and my total turnover is less than 1 crore , am i eligible for section 44 AD of income tax.

    As per my Auditor, section 44 AD is only for civil contractor only. it is true, are builders not eligible.

    Regards
    Balaji
     
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