Filing of return under 44ad
This query is : Resolved
Swetha Rani
(Querist)
27 March 2016
Hi,
Experts please advise whether an accounts and tax consultants who is not a CA can file return under 44AD. My understanding of 44AD is since tax consultants is not a professional, so can file return under 44AD. Please advise my understanding is correct or not?
Experts please advise whether an accounts and tax consultants who is not a CA can file return under 44AD. My understanding of 44AD is since tax consultants is not a professional, so can file return under 44AD. Please advise my understanding is correct or not?
Murtaza I Bhagat
(Expert)
28 March 2016
Tax Consulting service is also a professional service. So you can't file 44AD. You have to file in ITR 4.
Amol S Joglekar
(Expert)
28 March 2016
Refer section 44AA : Every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy.............
44AD refers section 44AA for the meaning of professionals.
And 44AA says as said above. So? Accounts and tax consultant is Professional.
44AD refers section 44AA for the meaning of professionals.
And 44AA says as said above. So? Accounts and tax consultant is Professional.
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
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- TDS Return Statement Status
- RCM and same line
- Rectification under processing even after 6 months cpc portal
- ARCA LOGIN
- Closer of business and itc of capital goods
- Appointment of Auditor By Form ADT-1
- Gratuity paid to legal heir above 20 lakh is taxable or not
- 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
- How to get money back from delisted company
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
