Dear Sir,
Section 44 ADA which has been inserted from A.Y. 2017-18. In this section if a Doctor whose income from Profession and salary is Rs. 25.00 Lacs and net profit is 50% after deduction of expenses say travelling, tea and tiffin, depreciation on motor car etc. So can he avail the benefit of Sec 44 ADA and file ITR 4 (Sugam) for A.Y. 2017-18 and whether he is not required to maintain books of accounts.

Thanks,
Abhishek.

Dear Sir,
Section 44 ADA which has been inserted from A.Y. 2017-18. In this section if a Doctor whose income from Profession and salary is Rs. 25.00 Lacs and net profit is 50% after deduction of expenses say travelling, tea and tiffin, depreciation on motor car etc. So can he avail the benefit of Sec 44 ADA and file ITR 4 (Sugam) for A.Y. 2017-18 and whether he is not required to maintain books of accounts.

Thanks,
Abhishek.

I have multiple offices in one State. Do I need to get one GST registration since all offices are in one State or shall I go for multiple GST registrations based on no. of offices in the State. If I shall do multiple GST registrations then is it mandatory to have multiple GST registrations or it is my choice to go for one or multiple. I want to highlight again that my all offices are in one State.

I filled my return in excel utility. but one coloum cess auto calculate on my income with my tax. do you all know about cess which are mentioned in return when I filled the return. my income 450000 annualy.should I pay tax with new cess.

What is due date for filling ITR for F.Y.2015-16 and F.Y.2016-17?

Can judicial pronouncements of HC n SC override CBDT circular, kindly provide answer with refrence to law

If a person passed CA in nov 15 joined his family business but now he want to opt for job so it is my humble request to all the members to give me suggestions as i am in too confusion that i will get good opportunity or not
But one thing i have to put is that i am updated with all the recent changes.

if i sale agriculture land of 20 lakh rs and took full payment from buyer . the payment recieved cash. can i take all payment is cash or not

"P" owns a proprietorship concern XYZ from past many years and is doing his business. Now he enters into partnership agreement with "S" and they form a partnership firm with same name XYZ in February 2017. P states that he has transferred all his assets and liabilities to the firm but that is not documented in the partnership agreement. Further the partnership agreement is not registered also. P and S hold 50:50 share in the partnership firm. The queries are as following:

1. Can a proprietorship and partnership have same name XYZ?

2. What are the consequences of non registration of partnership firm?

3. Although P says he has transferred his assets and liabilities but since they are not documented can we consider this deed valid?

4. Does transferring all assets and liabilities of proprietorship concern in partnership means dissolution of the Proprietorship concern (i.e. it cease to exist)??

5. Will the turnover of Proprietorship after its transfer / dissolution be treated as turnover of partnership from February 2017 legally?

If a proprietor is non existing tax payer and his turnover exceeds 20 lakhs , is it compulsory for gst registration , if yes then how he will get provisional id and password.