banner_ad

Income tax query

113 views 1 replies
Sec 44ada professional income I.t return filer gross receipts (fees collection) income Rs:10 lacs cash mode received from patients.
Sft code :004 cash deposit in bank
name of the SFT filer :sbi
deposit amount Rs:15 lacs.
Question:
Assess show in gross receipts how much amount declare in I t return
Replies (1)
Under 44ada profit should be min 50% of gross receipts..it is better to show your gross receipts as Rs 15 lacs if you are unable to justify 5 lacs deposit


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details