Is a person having both business and profession( having turnover less than the limits) is eligible for 44AD and 4ADA separately?
1 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 05 May 2021
Yes, sec 44AD and sec 44ADA can be simultaneously be opted and tax can be paid accordingly under each section
Recent Topics
- Income tax query capital gain & exemption
- LTCG on flat
- Acquisition Cost after Merger
- Clubbing (Income Tax)
- Sales Invoice raised in feb-25 but now some materi
- Transfer of Nominee Share to Body corporate
- GSTR 4 FOR 24-25 due date of annual return
- Which ITR form required ?
- Can you please explain me the working of tax liabi
- Can a stand alone restaurant opt for tax rate of 1
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
