banner_ad

Query Section 44ADA

213 views 2 replies
Query Sec 44ADA

Client a consulting engineer.

We have done the tax audit and uploaded.

However till now return is not filed.

Clients business receipt as per Form 26AS is Rs 54lakh however if we go by cash basis, the receipt are 48 lakhs.

Now can the client upload it's return under section 44ADA considering that tax audit is filed , he is having other income like Interest and Pension and also one full and final from the company where he is now rendering consulting services .
Replies (2)

As per 26AS reports, TO exceeds 50 lakhs, so if any return filed u/s. 44ADA... will be treated as defective........ Better to choose regular assessment.

No, tax audit has been done. He cannot file ITR for presumptive income, i.e. not under section 44ADA.


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