Doubt for sec 44ada and expenses claim allowed

1.it assessess source of income remenuration and interest income from partnership firm (professional)
2. assessess expenses for car depreciation and cellphone expenses and car expenses and salary paid
question:
1.assessee remenuration and interest income sec 44ada provision it returns filed allowed
2.above mentioned expenses aginst income remuneration and interest claim allowed in it act.
Replies (2)
Quick Summary
This discussion clarifies the deductibility of expenses under Section 44ADA of the Income Tax Act. It addresses whether remuneration and interest income from a professional partnership firm are allowable. Crucially, it explains that while Section 44ADA is not exhaustive, deductions under Sections 30 to 38 are considered already accounted for, meaning claims for car depreciation, car expenses, and cellphone expenses are generally not permitted.

As per section 44ADA, any deductions allowed u/s 30 to 38 shall be deemed to be already given effect and no further deductions are allowed. Hence, no deductions for car depreciation and car expenses can be claimed.
1. The provisions of Sec 44ADA ARE NOT EXHAUSTIVE.mr.Kolipara what do you want to know?

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