Benefit for new or old scheme sec 44ada filer
This query is : Resolved
27 July 2021
Sir,
Sec 44ada professional income it returns filed person gross collections rs:10 lacs and sec 80c exemption rs:50,000/- in f.y.20-21.
Question:
Assess benefit new or old scheme it returns filed f.y 20-21.
Sec 44ada professional income it returns filed person gross collections rs:10 lacs and sec 80c exemption rs:50,000/- in f.y.20-21.
Question:
Assess benefit new or old scheme it returns filed f.y 20-21.
27 July 2021
Since the taxable income would be ₹4.5 (or ₹5) lacs, no tax would be payable considering rebate u/s 87A. So indifferent.
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- TDS Challan Code
- Relief u/s Section 89
- Nomination of Bank for refund in itr 2
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- STCG on ETF gold & silver
- 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
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
