HELLO SIR,
I RECEIVED INCOME TAX NOTICE,
As per Section 44AD(6) of the Income Tax Act, 1961, the provisions of Sec.44AD are not applicable to – (1) persons carrying on professions that are referred to in Sec.44AA(1), (2) persons earning income in the nature of commission or brokerage, and (3) persons carrying on any agency business.As seen from the return of income filed, the nature of business code mentioned is which falls in the categories mentioned above. Hence, the provisions of Sec.44AD are not applicable, in your case
AND RESPONDS IN RESPECT
As the provisions of Section 44AD are not applicable, in your case, the claim of computing profits and gains of business on presumptive basis, under this special provision is not allowable. Hence, the above defect has to be corrected by way of computing the profits and gains of business under the normal provisions and not under Sec.44AD and offering the same.
MY QUESTION IS THAT CAN I FILE ITR 4 SEC44AE AS MY CLIENT IS TRANSPORTER AND CAN I GIVE REPLY IN WHICH FORM ?

how to calim TDS refund for FY 2012-13 to FY 2017-18 in filling ITR of FY 2018-19. Previously no claim filed for any year. so please help to file unclaimed TDS of FY 2012-13 to FY 2017-18.

Hello,

I was taken PTRC Registration as on April 2018 but doesn't use TIN No.
Plz. Tell me Return and Payment Process.

Regards,
Sujata

Dear Sir,

Can any body give reply of my query that labour contractor engage in loading unloading packing . so income of this contractor should treat under 44ad or 44ada

We have to pay Rs 30,000 to some professional on account of professional charges for the Ay 19-20 ( Year ending March 19 ). Can I pay in cash that much amount at one time ? I have been advised to pay in 6 installments @ Rs 5000 each. Can I do sir like this ?

SIR A PERSON HAVE INCOME FROM BOTH ARCHITECTURE AND CONSTRUCTION
ARCHITECTURE GROSS RECEIPT 400000 INCOME 250000

CONSTRUCTION GROSS RECEIPT 500000 INCOME 75000


SO CAN HE OPT BOTH PRESUMPTIVE SCHEME

I.E 44AD FOR CONSTRUCTION


OR

44ADA FOR ARCHITECTURE INCOME

BY FILLING ITR 4

I would like to know from experts whether amount of depreciation of a fixed asset should be shown as liability in the balance sheet. Depreciation is calculated as per Income Tax Act in the instant case.
Please note that WDV of the asset will be included in the asset side of the balance sheet.

Suppose a person is providing 1. GTA services to a registered factory and the factory is paying GST at 12% under RCM
2. and also providing other commission services in which he collects and deposits GST to govt.

Now can the GTA take input tax credit on tyre, spare, new truck purchase etc?

Dear Sir,
I am having query regarding applicability of section 44AD , that whether 44AD is eligible for unspecified professions covered u/s 44AA (2) ? as in section 44AD only specified profession covered u/s 44AA(1) has been excluded/non eligible for section 44AD , so as per the language of law we can take 44AD for unspecified profesion like photography or teaching profession ?? if not eligible then kindly suggest treatment for the same
plz guide

Respected experts,

Please tell us in what is the group of Electronic cash ledger
Under Duties & Taxes
or Current Assets