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 Topic
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
Related Topics
CAclubindia
