Itr..section 44ad
This query is : Resolved
01 May 2012
hi
is it mendetory to file ITR u/s 44AD . if one does not keep his books of accounts and having turnover under 3lakhs....
and if someone has already filed his return normally i.e. not u/s 44AD and wants to revise it should he file it under the said section...
is it mendetory to file ITR u/s 44AD . if one does not keep his books of accounts and having turnover under 3lakhs....
and if someone has already filed his return normally i.e. not u/s 44AD and wants to revise it should he file it under the said section...
01 May 2012
its not mandatory, if your net profit is less then 8% then you need to maintain book of accounts or if its more than 8% then no need to maintain in case of sec 44AD
if you have filed your return with without sec. 44ad then how can you revised with 44AD ITR
if you not selected ITR4S but your profit is more than or upt0 8% then no need to worry because its means the same
44AD will reduce your documents and its a deemed profit so its never difficult to understand while calculation with sec. 44AD
if you have filed your return with without sec. 44ad then how can you revised with 44AD ITR
if you not selected ITR4S but your profit is more than or upt0 8% then no need to worry because its means the same
44AD will reduce your documents and its a deemed profit so its never difficult to understand while calculation with sec. 44AD
Message likes :
2 times
02 May 2012
thank you...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Disallowance of Section 43B(h) to sez units
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- GSTR9 applicability
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
