Sec 44 ADA apply for small profession Like as tailor, Carpenter, Mecanik, hair deressor, tution teaching
please reply
3 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 25 July 2018
No, 44ADA is applicable on professional specify in section 44AA. Above mention professional can avail the benefits of presumptive taxation scheme under section 44AD.
Manpreet Baghi
(64 Points)
Replied 25 July 2018
A carpenter, tailor, hair dresser, which head of income show her income ??
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 25 July 2018
Income under the head of profit and gain from business and profession.
Recent Topics
- Case under section 142(1)
- LOAN TAKEN BY A PROPRIETORSHIP FIRM
- Form 27Q TDS Return
- How to remove Schedule S(Salaries) Block2 in salar
- TDS or Tax on Defi on Binance - Crypto - (USDT Tet
- GST ITC to Garment dealers.
- Eport of goods
- Stamp Duty On Transfer
- Advice on Investment of Retirement Corpus
- Nature of business activities under GST registrati
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert04 February 2025
CAclubindia
