Income tax for presumption basis

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 July 2018 Dear Sir

My income from Ola and uber Cab

my turn over is above 35lacs

i want file my income tax return under 44AD SECTION

it is correct ?

what about gst registration for turn over criteria ? whether i got notice for gst registration from department ??

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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11 July 2018 Yes it is right opt 44AD.
You are not required to compliance of GST. Your operator taking care of it.
The Government of India via notification no.17/2017, states that GST on services by way of transportation of passengers by a radio-taxi, motor cab, maxi cab and motor cycle shall be paid by the operator itself and not by the drivers.

· This comes as a big relief to a large number of taxi drivers who were worried about the GST impact on them. Due to this decision of the government, the drivers shall not be required to register under GST and further they even don’t have to bother about GST compliances.

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