44 ad
This query is : Resolved
20 May 2017
Sir
During the F.Y 2016-17 I received my business collection through cheque and some in cash around 50K. I want to know under what column I should enter the gross receipts under section 44AD in the form i.e. 8% or 6%.
Pl clarify. I have to file return for this assessment year.
Regards
During the F.Y 2016-17 I received my business collection through cheque and some in cash around 50K. I want to know under what column I should enter the gross receipts under section 44AD in the form i.e. 8% or 6%.
Pl clarify. I have to file return for this assessment year.
Regards
20 May 2017
6% for cheque payments and 8% for cash payments.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Taxation on LTCG for property sold after 24JUL2024
- STCG on ETF gold & silver
- GST ON DAMAGED GOODS
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Plot of land. Cost of Acquisition
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
