banner_ad

Sec 44AD Provisions

216 views 3 replies
User Avatar

Proprietor
538 Points Posted on 15 June 2020
I show business income of financial year 2016-17 u/s 44AD. In Financial Year 2017-18 I have no business income but only salary income. So now in Financial Year 2018-19 can I show my business income u/s 44AD
Reply Share Follow
On 15 June 2020 at 01:17 Report
Replies (3)
User Avatar

4215 Points Posted on 15 June 2020
So what
12 Reply
On 15 June 2020 at 08:19
User Avatar

Practice
3235 Points Posted on 15 June 2020
Yes you can... this is not the case where such facilities will be withdrawal.. you are not required to get your tax audit for continuing 5 year..
13 Reply
On 15 June 2020 at 10:45
User Avatar

Consultant
1891 Points Posted on 15 June 2020

Yes, you can claim the profit u/s 44AD in FY 18-19 because in FY 17-18 you have not reported any business income. 

 

1 Reply
On 15 June 2020 at 12:46


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details