Practically Gross Receipt can be computed by taking those amount on which Tax at Source had been deducted and reflected in Form 26AS.
Gross receipt or gross due-which is relevant for tax(44ada)?
Page no : 2
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.
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