Applicabilty of section 44ad & 44ada.
This query is : Resolved
22 March 2018
I am a CA FINAL student and I have to file my income tax return showing income from tuition, if I show this income under section 44ADA, in that case ITR 3 will be applicable to me, and I will have to provide BALANCE SHEET AND P&L ACCOUNT in detail, is there any way to file return U/S 44ADA without any formalities..
22 March 2018
Not eligible to opt 44ADA since a student and not a professional as defined
in 44AA(1).
in 44AA(1).
Nikhil Kaushik
(Expert)
22 March 2018
but not a profession covered under 44AA(1). You should know that as a CA final student
22 March 2018
No...
Sec 44AD is not applicable for the Service of Tuition.
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
- GST on reimbursement of expenses
- Query on effect of registration of property
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- Number of years as per AS amortisation of Goodwill
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Whether output tax is taken credit by purchaser
- Additional trade name
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
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
