Section 44ad
This query is : Resolved
06 January 2016
sir if i am file a ITR under Section 44AD if my presumptive turnover is exeed 10lac in maharashtra state can i applicable for VAT registration or service tax registration but I am not maintain any books of business so how can i explain to officer if i get any notice from department
06 January 2016
Dear
in you case it will be difficult to explain to the concerned office.
The non registration under Vat since your turnover exceeds Rs.10 lakh will attract penalty for non registration and seems no way out to prevent it.
Also the turnover shown under income tax in itr is a conclusive proof of turnover.
in you case it will be difficult to explain to the concerned office.
The non registration under Vat since your turnover exceeds Rs.10 lakh will attract penalty for non registration and seems no way out to prevent it.
Also the turnover shown under income tax in itr is a conclusive proof of turnover.
Message likes :
1 times
06 January 2016
thank you so much sir for answering me
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Regarding IMS Mandatory from 1st July 2026
- Interest on SCSS
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
