44aa

239 views 10 replies
User Avatar

Article
72 Points Joined January 2017
A electrican is liable to maintain books of account if his income is 240000 and t/o is 500000
0 Reply Share Follow
On 30 March 2017 at 08:22 Report
Replies (10)
User Avatar

SEO Sai Gr. Hosp.
210651 Points Joined July 2016

Yes, unless for presumptive assessment.

Reply
On 30 March 2017 at 08:29
User Avatar

Article
72 Points Joined January 2017
Presumptive assessment means
Reply
On 30 March 2017 at 08:33
User Avatar

CS
425 Points Joined August 2015

PRESUMPTIVE ASSESSMENT MENAS INCOME SHOW UNDER SEC. 44AD (NO BOOKS OF ACCOUNT MAINTAIN ) 

Reply
On 30 March 2017 at 08:35
User Avatar

Article
72 Points Joined January 2017
Electrician can opt for 44 AD
Reply
On 30 March 2017 at 08:38
User Avatar

Student>>CA>>IPCC
134 Points Joined August 2011
yess hitesh... electrician should go for 44AD...!
Reply
On 30 March 2017 at 08:51
User Avatar

Article
72 Points Joined January 2017

But it is a profession how can it go for 8%

Reply
On 30 March 2017 at 08:54
User Avatar

CS
425 Points Joined August 2015

FILE ITR 4 

Reply
On 30 March 2017 at 08:56
User Avatar

Article
72 Points Joined January 2017

In that in audit information 

 

are you lioable for maintainjng accounts under sec 44AA in that select no or YES

Reply
On 30 March 2017 at 08:59
User Avatar

Student>>CA>>IPCC
134 Points Joined August 2011
yes you are liable to maintain books since income crossed 120000 even though t/o is below the limit of 1000000
Reply
On 30 March 2017 at 09:02
User Avatar

Finance professional
775 Points Joined June 2015
If it is 1St return and ur filling itr 4 or itr 4s then select no. For 44aa .it is better to fill itr 4s
Reply
On 02 April 2017 at 15:03


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading