44AD
This query is : Open
06 May 2017
Dear sir please tell me if i have 10% income of digital payment & 15% of other mode then any issue create by deptt
07 May 2017
No, not really provided you follow the % as provided in the said section.
07 May 2017
it means not action taken by deptt
07 May 2017
You have to declare minimum 6% of your gross turnover or gross receipts on digital payment & min 8% on receipts from other mode. You can declare higher income if u want. There is no issue in declaring higher income but if u want to declare less than minimum presumptive income than u have to audited your accounts from a CA.
07 May 2017
thanks all experts
Message likes :
1 times
07 May 2017
you are most welcome.
07 May 2017
Pleasure is all mine
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
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Experts need help
- Management System (IMS)
- Foreign lottery ticket bought online from India: legality, tax and consequences
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Rental income gst and it purpose
- EPF FULL & FINAL RULES IN 2026
- Gift Received from nonblood relative
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
