hi,
I have salary income of rs.4.5 lac+some CG and f& o loss of rs.3.5 lac on rs.36 lac turnover.
can I file 44 ad and declare 6% profit
if yes please let me know how to calculate tax payable amt
Menu
44AD ITR ISSUE
Replies (1)
Yes, 6% over F&O TO ie 36 lakhs as profits..
Tax liability will be aggregate .... taken care by ITR utility.
Recent Topics :
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
Related Topics :
CAclubindia
