Can I claim 40-45 % expenses under 44ADA even though I haven't occurred them.
Vinay Jaindani (184 Points)
21 August 2021Can I claim 40-45 % expenses under 44ADA even though I haven't occurred them.
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 21 August 2021
Yes, you may do so. The requirement is to declare a min of 50% of income as profit.
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