Section 44AD computation to know your tax liability and plan accordingly whether to go for 44AD or not. Please find the attached excel file.
When a mother writes a parole support letter to the members of the parole board…
It is common to see cheating at place of work. One would come across a…
Whenever a family writes a parole support letter for the offender, it makes a difference.…
Living in the campus has its own pros and cons. There can be various reasons…
A parole support letter is a letter that is written either by the incarcerated person…
In some cases, courts choose to sentence a defendant a probation over sending them to…
View Comments
Hello ,
I have gross receipts of Rs.30 Lacs. All Cheque + Cash payments into bank account
I have only 10 Lacs business expenses (including purchases).
So is it ok if I pay tax on only .08 * 30 = 2.4 Lac rupees - net profit.
Or do I have to pay tax on 20 lac.
The balance 20 lac will remain in my bank account.
Also can you help differentiate between profession and service business.
i am newspaper vendor. Gross Receipt 23,50,000. net profit 3,15,000 . invest 80C & 80D 45,000 . one house rent income 36,000. can i return filed 44ad ? last dt of filling ? maintain books of A/c ? can i show profit more than 8% ( mt actual net profit. )
please give me answer in detail by mail.