Income Tax Query For Sec 44ada Filer


Anonymous
watch_later 3 weeks ago

Sir,

Sec 44ada provision I.t Assess professional income gross receipts Rs:10 lacs.

2.sft code :004 cash deposit in bank

Name of the SFT filer: Indian bank

Amount deposit Rs:15 lacs.

Question:

1.assess declare net profit @ 60 high value allowed sec 44ada provision

2.assess total gross receipts Rs:10 lacs or 15 lacs (bank cash deposits) show in I.t. returns in f.y.19-20.

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