For Practicing Accountant who has no professional degree could file his retrun under 44AD or 44ADA? pls reply.
6 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 September 2017
Thank you for the reply Mr Dhirajlal Rambhia Sir...
I'm also confused that related. Now, it's cleared...
I'm also confused that related. Now, it's cleared...
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 September 2017
My Dear Dhirajlal Sir.,
In case a practicing Consultant,
how to create his BS and PandL account...? or Only PandL account...?
In case a practicing Consultant,
how to create his BS and PandL account...? or Only PandL account...?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178301 Points)
Replied 13 September 2017
44AD..... no books of accounts........
In normal case once P& L acc are prepared.......... BS can be derived by adding cost of office assets or mobile laptop etc, and bank balance.
If you like personal assets are also added, but that makes it bit heavy.
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