Presumptive taxation u/a 44ad
This query is : Open
09 July 2017
Suppose an assessee having a total turnover of Rs.60 Lakhs, of which rs.20 Lakhs is through bank or digital mode and the rest is in cash, The amounts have been received with in due dates specified u/s 139. Can the assessee declare rs.20 Lakhs @ 6 and balance rs.40 Lakhs @ 8?
10 July 2017
Yes you can do so.........
Message likes :
1 times
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
- Distinct person & regular person POS
- INCOME TAX NOTICE QUESTION
- Query ON belated tds deduction
- Input Tax Credit Treatment For Hotel Service Provider.
- Need Conversion process of CA Proprietary firm to CA Partnership Firm
- Authority regulating Transmission of unlisted shares
- Query Regarding Error in Establishing Connection with Traces WebSocket eSigner
- Regarding claiming exemption under section 54ec
- Clarification on Inventory
- Capital gain on sale of resident house by non-resident Indian
- Query regarding metal scrap purchase from SEZ
- Seeking Assistance for MoA Amendment and ROC Compliance
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
