Money lending business in which head for income tax return
This query is : Resolved
07 October 2020
money lending business on small level by individual in which head for income tax return.
can be covered US 44AD?
regards
can be covered US 44AD?
regards
07 October 2020
Money lending is not excluded from the purview of Section 44AD, and therefore, money lending business is eligible business for section 44AD
Message likes :
1 times
08 October 2020
thanks! for prompt reply SIR
what will be nature of business code under income tax ?
if does not registered under any act for above activity, any issues ?
regards
what will be nature of business code under income tax ?
if does not registered under any act for above activity, any issues ?
regards
10 October 2020
thanks! for prompt reply SIR
what will be nature of business code under income tax ?
if does not registered under any act for above activity, any issues ?
regards
what will be nature of business code under income tax ?
if does not registered under any act for above activity, any issues ?
regards
12 October 2020
Seetharaman SIR need your kind advise
what will be nature of business code under income tax ?
if does not registered under any act for above activity, any issues ?
regards
what will be nature of business code under income tax ?
if does not registered under any act for above activity, any issues ?
regards
12 October 2020
0806 Financial Service Sector [Money Lenders]
13 October 2020
thank you very much SIR
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
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Gift of mutual fund units to daughter
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Not able to file ITR
- Reporting of STCG on Property in ITR
- Foreign inward in ITR
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
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
