44 ad applicability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 January 2016
A person is doing busines of IRONING (press) OF CLOTHES & DRY CLEANING OF CLOTHES.
HIS INCOME is less than 10 lacs p.a.
can we file return of income u/s 44 AD?
If yes, than under which heading?? [RETAIL TRADING/ SERVICE CATEGORY]
IF we apply for service categry u/s 44AD than will he be liable to register himself under SERVE TAX as he has already crossed 9 lacs p.a.??
HIS INCOME is less than 10 lacs p.a.
can we file return of income u/s 44 AD?
If yes, than under which heading?? [RETAIL TRADING/ SERVICE CATEGORY]
IF we apply for service categry u/s 44AD than will he be liable to register himself under SERVE TAX as he has already crossed 9 lacs p.a.??
14 January 2016
Yes he can file return u/s 44AD. Since he is not doing any trading he has to select service as category. Regarding applicability of service tax if he has crossed 9 lacs per annum and his dry cleaning service is a taxable service under service tax than he may have to register himself under service tax.
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
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Long Term Service award taxability in hands of company
- Free lancer income
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- What is provisional receipt number for generation of form 16A
- Form 27Q Correction statement taking too long to update on IT Portal
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
