in new circular of audit u/s 44ad
under 44 ad gross reciept or turnover given, in gross receipt interest is included or not
plz clearfy it
Menu
U/s 44ad
Replies (1)
Income directly earned frm activities of business is considered as Gross reciept, accordingly check wther such int is earned from business activites or not.
If yes then is included otherwise not.
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
