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23 July 2025 "Whether assessee is declaring income only under section 44AE/44B/44BB/44AD/44ADA/44BBA"
Should I answer yes or no? I am showing professional income of INR 23000 before a 50% discount. I am showing income from FD+SAVINGS interest, STCG, and LTCG in equity. +DIVIDEND INCOME.Total income Rs 4.52 lakhs. I GET 87A REBATE IF I SAY YES AND NO REBATE IF I SAY NO.THIS IS FOR FY24-25
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
23 July 2025 The question is for the professional income declaration.. has nothing to relate with sec 87A rebate.
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sundeep

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sundeep (Querist)
24 July 2025 But Sir what should be my answer with above mentioned parameters. apart from the 87A rebate
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
24 July 2025 YES. If you are declaring professional income u/s. 44ADA with at least 50% profit margin. Otherwise NO.
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sundeep

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sundeep (Querist)
24 July 2025 THANKS..................................................................
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
24 July 2025 You are welcome.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
25 September 2025 Good luck...
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