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Doubt for sec 44ada and expenses claim allowed

280 views 2 replies
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)
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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