Benefit for new or old scheme sec 44ada filer
This query is : Resolved
27 July 2021
Sir,
Sec 44ada professional income it returns filed person gross collections rs:10 lacs and sec 80c exemption rs:50,000/- in f.y.20-21.
Question:
Assess benefit new or old scheme it returns filed f.y 20-21.
Sec 44ada professional income it returns filed person gross collections rs:10 lacs and sec 80c exemption rs:50,000/- in f.y.20-21.
Question:
Assess benefit new or old scheme it returns filed f.y 20-21.
27 July 2021
Since the taxable income would be ₹4.5 (or ₹5) lacs, no tax would be payable considering rebate u/s 87A. So indifferent.
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