Dear Sir/Ma'am
A professional who was under tax audit in the F.Y 15-16 and in the F.Y 16-17 his turnover dosent't excee 50L .Can he opt for Presumptive Basis under section 44ADA.
Menu
Income tax return query
Replies (1)
Yes as turnover does not exceed 50 lakhs in P.Y. 16-17
Recent Threads
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
Related Threads
CAclubindia
