Practically Gross Receipt can be computed by taking those amount on which Tax at Source had been deducted and reflected in Form 26AS.
Rishi Mehta
(Ur friend )
(1533 Points)
Replied 10 January 2018
Practically Gross Receipt can be computed by taking those amount on which Tax at Source had been deducted and reflected in Form 26AS.
Rishi Mehta
(Ur friend )
(1533 Points)
Replied 10 January 2018
In practice, Form 26AS is used for calculation of Gross Receipt. I recommend you to do the same.
Dr.Jyothish Vijay
(Dr)
(214 Points)
Replied 10 January 2018
Yes...TDS would be cut only when I receive money..ie in April only. Its not like they will cut TDS in March and I receive fees in April
Dr.Jyothish Vijay
(Dr)
(214 Points)
Replied 10 January 2018
| Originally posted by : Rishi Mehta | ||
 |
I have doctor client. i used to do the same. |  |
"same"..means what?didn't get you
Rishi Mehta
(Ur friend )
(1533 Points)
Replied 10 January 2018
Same here means "i used to refer Form 26AS to calculate the Gross professional Receipt".
Rishi Mehta
(Ur friend )
(1533 Points)
Replied 10 January 2018
Same here means "i used to refer Form 26AS to calculate the Gross professional Receipt".
Rishi Mehta
(Ur friend )
(1533 Points)
Replied 10 January 2018
Dr. Vijay, refer only Form 26AS and calculate your position of "Gross receipt" and apply Section 44ADA.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
