What is turnover when we file it return u/s 44ad
This query is : Resolved
25 August 2019
What is turnover when we file it return u/s 44AD
Turnover= Taxable Value + GST
OR
Turnover=Taxable Value
Turnover= Taxable Value + GST
OR
Turnover=Taxable Value
25 August 2019
Turnover is taxable value if GSTis not passed through P and L.
Message likes :
1 times
25 August 2019
Thank you Sir
I have another doubt
Only Taxable Turnover is 90,00,000 (Excluding GST)
In 44AD there are2 options one is 8% in cash second one is 6% in other than cash
I received through Account 80,00,000 but it is including GST
Now how to file IT Return U/s 44ad
I have another doubt
Only Taxable Turnover is 90,00,000 (Excluding GST)
In 44AD there are2 options one is 8% in cash second one is 6% in other than cash
I received through Account 80,00,000 but it is including GST
Now how to file IT Return U/s 44ad
26 August 2019
Exclude GST and calculate profit
Message likes :
2 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
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Section 50-fixed asset-->building ceases to exist
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Putting a heading on received mail
- Reprocessing of rectification order AY 2025-26
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regarding Applicability of Tax Audit u/s 44AB
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
