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TV (Television) Repair/Service Work

This query is : Resolved 

My Customer doing TV repair/Service work. It is coming under Sec 44AD or 44ADA.
Which sec can I file it.

You can declare it u/s. 44AD of IT act..

Thank you sir for your valuable Reply. And one more thing 50% profit applicable or not ?

Under sec 44AD there is cap of minimum profit margin, but not for maximum, or whatever actually earned.
So go ahead if you have 90% profit margin also..

Thank you Sir Very much. It is highly helpful me.

My Pleasure ....

He is doing TV Repair in rented premise. can i mention residence address or Business address in ITR

Copy the address as per PAN...

In PAN there is residential address not business address (Proprietary Concern). M customer applying loan for house construction in nationalized Bank. The house address sufficient for bank.

Yes, till the address in PAN gets changed, it will be same for any Governmental agency, be it Bank.

Thank you Sir, I learned so much from you. Once again Thank you .

Most Welcome...



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