44ADA OF INCOME TAX
This query is : Resolved
Quick Summary
10 August 2021
Dear Sir/ Madam,
Please confirm u/s 44ADA it is mandatory to have 50% of expenses transaction in bank statement. For Claiming deduction of 50% Expenses.
Thanks in Advance.
Please confirm u/s 44ADA it is mandatory to have 50% of expenses transaction in bank statement. For Claiming deduction of 50% Expenses.
Thanks in Advance.
10 August 2021
No such requirements even 10% or nil expenses in bank account 44ADA can be opted.
10 August 2021
Thanks a lot sir for quick responce.
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