A sole properitor file his return under sec 44AD can he is claim for deduction under chapter VI.
kindly suggest me.
Bharat Kumar (94 Points)
28 April 2018
Deepti
(Accounts)
(41 Points)
Replied 28 April 2018
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 28 April 2018
Aamir Ansari
(Student)
(101 Points)
Replied 28 April 2018
Bharat Kumar
(94 Points)
Replied 28 April 2018
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 29 April 2018
Deepti
(Accounts)
(41 Points)
Replied 29 April 2018
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 29 April 2018
Aamir Ansari
(Student)
(101 Points)
Replied 29 April 2018
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 30 April 2018
YES, ALLOWED !!
HOWEVER DEDUCTION FROM 30 TO 38 IS NOT ALLOWED AND DEEMED TO BE ALLOWED TO ASSESSEE
Fatin Nizami
(338 Points)
Replied 11 May 2018
Yes he can claim the deductions under Chapter Vi-A.
Also he has to pay advance tax since his tax liability is above 10k
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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