Menu
44ad -6%or 8 %
if I receive partially in non cash mode n partially on cash mode . then how profit is computed ??
Replies (6)
8%......
Calculate 8% on cash mode and calculate 6% on non cash mode.
dat means 6% on non cash mode & 8% on cash mode ....in the same IT return
No....
If you received both modes then you ll calculate only 8%... If you received 100% banking mode then only you can avail 6% option..
Mr. Raja P M is correct.
thanku
Recent Topic
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
Related Topics
CAclubindia
