Regarding clause 8 of form 3cd
This query is : Resolved
10 October 2018
My Turn over is Rs. 1.30 Crores so which clause is application i.e.
1. Clause (a) – If total sales, turnover or gross receipt in business exceeds Rs. 1 Crore
or
4. Clause (e) – If Profit)s u/s 44AD claimed to be lower than the presumptive profits and gains.
Because in F.Y. 2017-18 turnover limit for limit for Sec. 44AD increases to Rs.2 Crores.
1. Clause (a) – If total sales, turnover or gross receipt in business exceeds Rs. 1 Crore
or
4. Clause (e) – If Profit)s u/s 44AD claimed to be lower than the presumptive profits and gains.
Because in F.Y. 2017-18 turnover limit for limit for Sec. 44AD increases to Rs.2 Crores.
10 October 2018
If not opting 44AD, choose 'clause (a)'.
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
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Confusion around Form 26QB fields
- Applicability of Ind As to associate of associate
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
