section 44ADA

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I have business of Naturopathy & yoga . i want exemption under gst under exempt service health care service . i have obtained degree of Council of naturopath & yoga so im eligible in exempt service , so i file imcome tax return under which section 44AD or 44ADA ?
pls suggest me.
Replies (10)

Sec. 44ADA ......

 

sir bt my actual profit is not 50% of receipt , & book of accounts are not maintain so what can i do

You are professional. You can either declare 50% profit.. tax liability over which will be as per slab......

Or will have to go for audits of books........ hence will have to maintain the account books...

sir no option to declared profit under 44AD

Yes, if you start Naturopathy Hospital .... or Nursing home like unit...... with Indoor & Outdoor patients facility....... than it is business......... can be eligible for sec. 44AD..... but not clinical unit..

sir i am running center of Naturopathy & yoga in puna . bt i am not not obtained registration under gst . & in ITR form gst turnover is mandatory & my turnover cross limit of 20 lakh so what can i do?

Not required now.... It has been rectified in new version of utility.....

new virsion of utility is available now on site?
Yes... I agreed to Mr Dhirajlal Rambhia Sir opinion...

And its details...
sir i can file ITR form 3 ? and also eligible in gst exempt service ?


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