Gross receipts declared rs:25 lacs or rs:20 lacs as per sec 44ada f.y.24-25
This query is : Resolved
14 April 2025
sir,
A Doctor Gross receipts income rs:25 lacs and personal expenses rs:5 lacs and A Doctor is not maintained account records for professional expenses
Increases value Assests f.y. 24-25 rs: 10 lacs
Decreases value liabilites f.y. 24-25 rs: 5 lacs
Personal expenses rs:5 lacs f.y. 24-25
Question:
A Doctor Gross receipts show amount rs:25 lacs or rs :20 lacs declared for itr return purposes.
A Doctor Gross receipts income rs:25 lacs and personal expenses rs:5 lacs and A Doctor is not maintained account records for professional expenses
Increases value Assests f.y. 24-25 rs: 10 lacs
Decreases value liabilites f.y. 24-25 rs: 5 lacs
Personal expenses rs:5 lacs f.y. 24-25
Question:
A Doctor Gross receipts show amount rs:25 lacs or rs :20 lacs declared for itr return purposes.
14 April 2025
For Sec. 44ADA declaration, gross receipt will be Rs. 25 lakhs.
Message likes :
1 times
28 September 2025
Good luck.....
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Free lancer income
- STCG FOR GOLD ETFs
- Small dealers gst returns filing
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- 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
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
