U/s 44 ada
Mahesh Vijay (Student) (38 Points)
15 June 2017
what is maximum profit we can claim as presumptive income u/s 44 ADA
3 Replies
MANJU MC
(Student CA IPC / IPCC)
(50 Points)
Replied 15 June 2017
Higher of: • 50% of the gross receipts from profession (OR)
• Income from profession offered by the assessee
Recent Topics
- WRONG BILLING
- Export Way Bill Destination reg
- Advise on Tax implications
- NEW INCOME TAX ACT, 2025: GOVERNMENT-APPROVED BILL
- Doubt of GSTR1 Filing
- New Tax Slab in Budget applicable for HUF also?
- GST on Commercial Office
- Capital gain tax on release deed b/w mother &
- Llp pan validation error
- GST, GST CESS AND ITC COMPONENT
Related Threads
Trending Online Classes
-
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
Mr.Balamurugan Ranganathan13 March 2025
CAclubindia
