sec 44ADA
mehul patel (article) (213 Points)
22 June 2017
Deduction u/s 80c to 80u are available from 50% presumptive income of gross receipts.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166333 Points)
Replied 22 June 2017
Yes, separately deductible......
mehul patel
(article)
(213 Points)
Replied 22 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166333 Points)
Replied 22 June 2017
Rebate u/s 87A available...............but not depreciation, salary, interest, etc ......as that is deemed to have been claimed under 50% (as if standard deduction)
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
