Income tax on immigration tax consultancy
This query is : Resolved
harshit darji
(Querist)
23 November 2019
if the is gross receipt is 25,00,000 in saving account and running immigration consultancy.. how to do taxation.. can i show 8% profit as per 44ad or give other way to save tax
CA R SEETHARAMAN
(Expert)
24 November 2019
44AD not applicable to you. Claim expenses and show profit of more than 50% of total receipts to avoid tax audit.
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