Finally, there is a CA who is educating correctly that actual profit is to be reported... Most CA's advice their clients to report 6% profit when the profits are much much higher which is absolutely wrong...
Sir The vedio is very useful for the professionals. I told some the clients and discuss with them and after detailed discussion with the assessee we will go for filings after detailed verifications with AIS . Thanks for the vedio. Such cedios are helps both assessee and professionals Thanks once again.
@@expertcasachin Pehla hi gadha dekha hai jo apne aap ko hi expert bol raha hai..aapko toh icai ne facilitate kiya hoga.. Ahuja Sir bhi aapse inspiration lete honge.. disgusting
Sir, Please confirm while filing ITR 44Ad how to fill Balance sheet detail in ITR if turnover is less then 40 lacs. please make a video on filing full ITR in 44AD.
Sir agar gst kisi person ki nil ja rhi h toh uski itr me hm other koi income dikhake return bhar skte hai.. as tution income ya koi any tax free service.. please suggest
Rental Income par gst bhi charge kiya hai and tds bhi deduct hai to fir wo house property income 30% less wali kese Hui hai? Wo to commercial rent ho chuka tha
Self proclaimed Expert! The thumbnail is misleading which says "44AD me apni ITR *kabhi* na bhare" while in the video it is explained some mistakes which noob tax consultants do while filing ITR u/s 44AD. 👎👎Come on, matching with GST turnover etc these are basic things which a CA would definitely do.
Sir, if an individual register his pan with the income tax portal,then whether it become mandatory to file itr. Whether a person can voluntarily register his pan with it portal although his income is below taxable limit and he is not intended to file itr.
Sir, This is to inform you that due to suffering from a eye disease of retina detachment I could not file ITR 2020.due dates was 10.1.2021 But in eye surgery business I could file ITR 2020 on 22.3.2021. Income tax department imposed penalty under section 243F Rs 9430 & 846 interest u/a 220(2). Sir could I I claim for waiving on the bases of medical leave treatment. Because I was out of station for eye surgery or treatment. My office is in lucknow and treatment were took in dehradun hospital. Please seen issues and suggest solution.
kya 44AD me personal Property ki closing value daalni hai jo pahale se available thi or purchase ki is saal me. or personal Assets ko disclose krne hai 44 AD me ?.
I am filling fresh return on ITR-U for ITR4 for AY 2021-22 using the excel utility. After filling in everything, I am clicking Generate JSON. The popup says file is saved. But the file is not found at the location.
Sir ji jab books of accounts nahi bante toh actual profitability accesses nahi hogi toh usme notice ane ka kya matlab 6% hi sahi hai mota moti agar 6% ke hisab se aapne investment bhi utni hai agar bahut zyada diff hai tab dikkat hai
अगर वाइफ हाउस वाइफ है और उसने हसबैंड से लिए पैसे को शेयर में निवेश कर दिया तो उससे जो profit होगा वह tax किसके में include होगा और क्या जो tax बनता है उसको हाउस वाइफ के ITR 2 में कटवा सकते हैं व पिछले दो सालों का बकाया tax कैसे भरें। Please replay sir
Sir, 44AD KE BALANCE SHEET ME SAVING BANK KE BALANCE KE SATH FD KA BALANCE BHI CASH WITH BANK ME DIKHANA HOGA ? TIS ME PURCHASE OF TIME DEPOSITE DIYA HUAA HAI JABKI YE PAHLE KA HI RENEW HUAA HAI .
Great video Nice containt 💯👍 My doubt is... i have 57 lack GST turnover and 45 Lack FNO turnover and 4.5 lack fno loss but i want to file ITR4 With 6 percent profit of FNo Where to show FNO 6 pct profit in ITR 4 and under which code is we need to merge normal and fno turnover and profit in single tab ?
@@expertcasachin okay sir Thankyou so much 💯👍 Gst turnover 57lack he and fno 45lack ka milakar total turnover above 1cr he ro gst walo ka notic nahi ayega naa ?
Hi sir...mere youtube ki income mere bhai ke adsense or bank account m aati hai. To ye unki return m jayega ya meri? Or jo withholding tax hai 15% USA ka wo kaise claim kr skte hai itr m?
Assessee has been showing business income (trading in computer hardware) under section 44AD and filing ITR3 from FY 2015-2016. to FY 2021-2022. In FY 2022-2023 assessee started trading in F&O and incurred a loss of 6.2L. Total TO for both businesses i.e Computer Hardware trading and F&O is less than 1.5Cr. Total income for FY 2022-2023 is less than 2.5L. Can he still opt for 44AD and claim losses? Is tax Audit applicable in his case? If he opts out of 44AD can he opt for 44AD in FY 2023-2024? Please reply
If actually gst sales k saat other income bhi hai, like non gst item purchase and sales, now variance comes in gst return and total income show, it is approximately 5 to 10 %. Is it ok
Sirji, Hi there, I have opt out 44ad in a.y 22-23 and turnover is 30L in this case should I get compulsory audit my books of account or I should file ITR 3 without audited
Hello sir, Please guide me. Mera saving bank account h.. M ek teacher hu and online hi kuchh aur teachers ko sath rakhke test series ye sb chalata hu..mere saving account m 15 lacs aata h ek financial year m..ye credit hota h mere account m UPI ya other online means se..and fir UPI ke through hi 13 lacs payment kr deta hu..To mujhe ITR file Krna hoga kya ? Agar Krna hoga to kon sa ? Aur kya process hoga ? Please suggest
@@expertcasachin i decided to file at this last moment. should I file it now by myself and then revise it with you or file it late ? Filing for the very first time
Sir, if I register my pan with IT portal only for educational purpose and I do not file ITR. So whether there is any possibilities that department issues notice and ask me to file itr?
Sir Gross receipt pr tax calculate hota he 44ad me pr Log Taxable value pr Tax calculate krte he To sir shi kya he kis value pr Tax calculate krna chaiya Taxable ya gross receipt ??
@@expertcasachin Thanks for your reply sir . if net salary is 24 LPA , after 44 ADA net taxable is 12 LPA , in that case too GST mandatory ? or only net taxable amount > 20 LPA, GST mandatory ?
Finally, there is a CA who is educating correctly that actual profit is to be reported... Most CA's advice their clients to report 6% profit when the profits are much much higher which is absolutely wrong...
Thanks practical work matter always CA Karan ji thanks again
I know you personally also
Hope meet soon
@@expertcasachin : Sure...
Technically there is nothing wrong in it.
Share the legal force of your point of view..
आपका जो information रहता है वो बहुत practically रहता है , बहुत कुछ सीखने को मिलता है आपसे आप एकदम practcial fact बताते हो ।। thanku so much sir
Well said practically explained.. The point I liked most 1500/- me filing karana he or sab kuch dekhega consultant...
Valuable video containing information related to filling of ITR -3,4 on section 44AD. Explaining the content is good. Thanks.
Sir you are great me aapki video regular dekhta hu and bahut kuch sikha hu aapki video se me 😞😞😞😞😀😀😀😀😀😀bhagwaan aapko khush rakhe 🙂🙂🙂🙂
Thanks 🙏🏻
Sir The vedio is very useful for the professionals. I told some the clients and discuss with them and after detailed discussion with the assessee we will go for filings after detailed verifications with AIS . Thanks for the vedio. Such cedios are helps both assessee and professionals Thanks once again.
Thanks dear best wishes for your professional
@@expertcasachin English toh bolna sikh le.. Tujhe profession aur professional Mein difference pata hai.. Meerut se hoga tu shayad..
Ha Meerut bihar se hu koi problem
Meerut ke log acche nahi lagte kya
@@expertcasachin Pehla hi gadha dekha hai jo apne aap ko hi expert bol raha hai..aapko toh icai ne facilitate kiya hoga.. Ahuja Sir bhi aapse inspiration lete honge.. disgusting
EXCELLENT EXPLANATION
Thanks for shring this valuable information
Very interesting information for us
Wow good explanation thanks 👍
Sir, very nice information
बहुत बढ़िया... 👍
Helpful information 👍👍👍👌👌👌
Thanks 4 sharing the valuable information
THAN Q SIR
Valuable information
RUclips income pe gst dena padta hai kya.
Yes after 20 lac
Thanks for raising these important points
👍🏻
Very good point
Thanks you sir
Excellent Sir 👍👍
Valuable Video. plz Carry On Sir. We r always With U.
Thanks 🙏🏻
Sir best tha but pen apko red use krna chaiye slide pr Taki clear dikhai de..
Noted will do
you are great sir😊
Amazing sir,
2nd point is new for me and illustration is informative
Thanku sir keep sharing your valuable insights
Sir, Please confirm while filing ITR 44Ad how to fill Balance sheet detail in ITR if turnover is less then 40 lacs. please make a video on filing full ITR in 44AD.
Very nice sir... 👍👌👌👌
Thanks 😊
Very useful video sir.
Thanks 🙏🏻
very usefull video sir ji
Thanks 🙏🏻
Sir NRI valo ka ek ITR 2 samjha Dijiye
Sir without gst ki income tax 44AD ke upar details me video bano
Thanks you sir very much
Very nice..info..
Thanks 🙏🏻
Sir agar gst kisi person ki nil ja rhi h toh uski itr me hm other koi income dikhake return bhar skte hai.. as tution income ya koi any tax free service.. please suggest
Return apne hi bharna chaiyey.
Sir thks very much
Sub section 4 & 5 of Section 44AD ke upar ek detailed video banao please
Sure accepted
Rental Income par gst bhi charge kiya hai and tds bhi deduct hai to fir wo house property income 30% less wali kese Hui hai? Wo to commercial rent ho chuka tha
Self proclaimed Expert!
The thumbnail is misleading which says "44AD me apni ITR *kabhi* na bhare" while in the video it is explained some mistakes which noob tax consultants do while filing ITR u/s 44AD. 👎👎Come on, matching with GST turnover etc these are basic things which a CA would definitely do.
Sir credit card se mobile order karne par 44 ad ka form kaise bharna hai aur itr kaise file karna hai par video bana dijiye please 🥺
Already upload
Credit card vale itr kese bhare check in video list
Well explained, only CA can relate to this many angles
Thanks Naman ji
Sir, if an individual register his pan with the income tax portal,then whether it become mandatory to file itr.
Whether a person can voluntarily register his pan with it portal although his income is below taxable limit and he is not intended to file itr.
Your right
No need to file itr
Sir agar account transaction account to account transaction apni hi too usko ksa show krana hoga
No need to show
Sir aapka shoe wala example shi nhi hai, itax ne facility diya hai aap apna income 6 or 8% declare kar sakte hai
Asa nahi hai
@@expertcasachin fir se aap provision decode kijiye
02:44
Sir,
This is to inform you that due to suffering from a eye disease of retina detachment I could not file ITR 2020.due dates was 10.1.2021
But in eye surgery business I could file ITR 2020 on 22.3.2021. Income tax department imposed penalty under section 243F Rs 9430 & 846 interest u/a 220(2).
Sir could I I claim for waiving on the bases of medical leave treatment. Because I was out of station for eye surgery or treatment. My office is in lucknow and treatment were took in dehradun hospital.
Please seen issues and suggest solution.
Sir penalty is small and waiver fee high so request you ignore pls
Sir kiya 44AD ke liye New Tax Regime Achaa hain ya fir Old main achaa hain???
NICE
kya 44AD me personal Property ki closing value daalni hai jo pahale se available thi or purchase ki is saal me.
or personal Assets ko disclose krne hai 44 AD me ?.
No need
SACHIN JI AAJ KAL INDIA SE FORGIEN STUDIES KE LIYE STUDENT JA RAHE HAI UNKI IINCOME TAX RETURN PER BHI VIDEO BANAO
But sir student hai to earning nahi hogi I think so
Very informative video, keep uploading this kind of stuff on practical senerios..👌👍🏻
Thanks
I am filling fresh return on ITR-U for ITR4 for AY 2021-22 using the excel utility. After filling in everything, I am clicking Generate JSON. The popup says file is saved. But the file is not found at the location.
Agar actual profit pe hi tax bharna hai, phir 44AD ka purpose defeat nahi ho gaya? Please guide.
Asa nahi hai soon will upload video
Sir itr 2 aur 3 ka free live webinar rakhiye na
Can a youtuber file ITR in 44AD? please tell me sir
Yes
Good
Purchase kya dikhaye Gst mail
Not clear query
Pls ask proper
Sir ji jab books of accounts nahi bante toh actual profitability accesses nahi hogi toh usme notice ane ka kya matlab 6% hi sahi hai mota moti agar 6% ke hisab se aapne investment bhi utni hai agar bahut zyada diff hai tab dikkat hai
Yes right
No issue
bhohot kam time hai CA k pass 😂😂😂 - 100% true 👍
CA ke pass bahut time hai, agar client apna data time se de de, lekin jab sabhi client last date pe hi aayegen to CA kya karega
Business not registered under gst
Sir kaya ek individual Professional (44ADA) and Business (44AD) Ki dono se income ek sath dika Sakta hai kaya ?
Yes 👍🏻
whether fixed deposit principal and intt. both are taxable if filing itr for 1st time on maturity ??
Only interest
अगर वाइफ हाउस वाइफ है और उसने हसबैंड से लिए पैसे को शेयर में निवेश कर दिया तो उससे जो profit होगा वह tax किसके में include होगा और क्या जो tax बनता है उसको हाउस वाइफ के ITR 2 में कटवा सकते हैं व पिछले दो सालों का बकाया tax कैसे भरें। Please replay sir
Sir, 44AD KE BALANCE SHEET ME SAVING BANK KE BALANCE KE SATH FD KA BALANCE BHI CASH WITH BANK ME DIKHANA HOGA ? TIS ME PURCHASE OF TIME DEPOSITE DIYA HUAA HAI JABKI YE PAHLE KA HI RENEW HUAA HAI .
Yes
Great video
Nice containt 💯👍
My doubt is... i have 57 lack GST turnover and 45 Lack FNO turnover and 4.5 lack fno loss but i want to file ITR4 With 6 percent profit of FNo
Where to show FNO 6 pct profit in ITR 4 and under which code
is we need to merge normal and fno turnover and profit in single tab ?
Yes merge
But code show all three
For fno financial intermediaries
@@expertcasachin okay sir
Thankyou so much 💯👍
Gst turnover 57lack he and fno 45lack ka milakar total turnover above 1cr he ro gst walo ka notic nahi ayega naa ?
Don’t worry enjoy
Sir, please suggest me, if 194 H received 39 lac, and 194 Q me received above 1 crore.
Sir Gst limit is 40Lac for trading subject to restrictions...
Yes right
Exception always there
Hi sir...mere youtube ki income mere bhai ke adsense or bank account m aati hai. To ye unki return m jayega ya meri? Or jo withholding tax hai 15% USA ka wo kaise claim kr skte hai itr m?
Bhai ke
How to calculate Gross receipts with Bank Statement...🙏
Credit entries which is income
@@expertcasachin Thanks Sir...🙏
44AD kon sa sec hai.
Assessee has been showing business income (trading in computer hardware) under section 44AD and filing ITR3 from FY 2015-2016. to FY 2021-2022. In FY 2022-2023 assessee started trading in F&O and incurred a loss of 6.2L. Total TO for both businesses i.e Computer Hardware trading and F&O is less than 1.5Cr. Total income for FY 2022-2023 is less than 2.5L. Can he still opt for 44AD and claim losses? Is tax Audit applicable in his case? If he opts out of 44AD can he opt for 44AD in FY 2023-2024? Please reply
I have salary along with freelancing income under which tds is deducted. Is I am eligible for filing its under 44ad?
Yes can file hope u r not govt employees
@@expertcasachin Yes, I am software developer working in pvt company, along with that doing the freelancing software development work.
sir kahte h party se
pr party kahti h aap ese hi file kr do
use to 500 main hi file krani h na
fir party jane
Right but we should deny
Itr bharte time 44 ADA wali error bata raha hai, kaise remove karun
Not possible solution without checking
If actually gst sales k saat other income bhi hai, like non gst item purchase and sales, now variance comes in gst return and total income show, it is approximately 5 to 10 %. Is it ok
If really come under other income as per income tax act then no issue
If show to avoid gst then issue
Sirji, Hi there, I have opt out 44ad in a.y 22-23 and turnover is 30L in this case should I get compulsory audit my books of account or I should file ITR 3 without audited
No audit
Itr 4 file pls
Sir property rent ka kaam h to business income hui na....
Depend on property type and transaction type
Need discussion and paper for proper advice contact on 9319333248
Thank you sir, same rule applicable for 44ADA also?
Yes
@@expertcasachin Thank you sir.
Hello sir,
Please guide me.
Mera saving bank account h..
M ek teacher hu and online hi kuchh aur teachers ko sath rakhke test series ye sb chalata hu..mere saving account m 15 lacs aata h ek financial year m..ye credit hota h mere account m UPI ya other online means se..and fir UPI ke through hi 13 lacs payment kr deta hu..To mujhe ITR file Krna hoga kya ?
Agar Krna hoga to kon sa ?
Aur kya process hoga ?
Please suggest
Itr 3
In case we are showing profit more than 8% do we still need to bifurcate bank and cash receipt.
Yes mandatory and beneficial for us
Sir 44AD me gross reciept 8 lac and profit 2.5 lac without gst number code (09027) dikhaya h koi problem to nhi hogi
No issue
web developer 50% profit show kar sakte hai kiya 44ADA pe?
Yes
Sirji , do you provide itr filing?
Yes
@@expertcasachin i decided to file at this last moment. should I file it now by myself and then revise it with you or file it late ?
Filing for the very first time
?
Ok do but try to enter all details approx correct
Is gst Appliccable for Sale Of buffalo pls tell me sir
No
Can we get refund of 15% WHT deducted by Google. Plz make a video on that.
No refund only credit of tax
Sir, if I register my pan with IT portal only for educational purpose and I do not file ITR. So whether there is any possibilities that department issues notice and ask me to file itr?
Never
No issue dear enjoy
Thank you sir..
Sir Gross receipt pr tax calculate hota he 44ad me
pr Log Taxable value pr Tax calculate krte he
To sir shi kya he kis value pr Tax calculate krna chaiya Taxable ya gross receipt ??
What do u mean for gross and taxable receipts??
GST ki Gross or taxabal konsi vakue se 44ad calculation hoga
Without gst sale
But Sir how to save tax by showing low profit.
It’s depends books of account maintain on monthly basis with supervision and advice of ca
sachin ji,who can become tax practitioner ? Can a MBA Fin, B. com file a income tax returns of others
Yes can do
Hello Sachin ji. Brilliant Information. Sir Video production business 44AD mein aa sakta hai yaa 44ada mein aayega ?
44ada
Sir ji lekin mene to sunahe je meri income jitna bhi ho government ko hame turnover ke opar 6 or 8 percent tax de Dena he?
Ye minimum hota hai
@@expertcasachinserf fd naki asser bhi and agar hum previous year me kiyahe to kya dikkat hogi
3rd point bilkul galat hai. Act mein likha hai ki ap 6-8 % minimum dikha sakte ho.
How pls explain?? With income tax provision
Jo log 250 rs me ITR bharwate hai waha krte hai ye gltiya CA se bharwa raha h to vo sab point dekhkr hi bharta hai
Right
for a freelancer / contract employee who get income below 50 LPA and who pays income tax using 44 ADA , registering GST is mandatory ?
Yes 20 lac after
@@expertcasachin Thanks for your reply sir . if net salary is 24 LPA , after 44 ADA net taxable is 12 LPA , in that case too GST mandatory ? or only net taxable amount > 20 LPA, GST mandatory ?
👍👍
GSTR 1 me sale 23 lakh h but TIS me 29 lakh aa rha....
Gstr 1 lo ignore tis
If my profit is 50% but if I show 15% in presumptive tax of 44AD. Will there be any objection from the authorities?
Yes May come but chance is very low
Ese ese log ca baan jate hai 😌😌😌
Kyo apke yaha koi ca nahi ban kaya kya
B com ???
SIR AGAR PROFIT 15% HAI BUT BOOKS MAINTAIN NAHI HAI TO (IS TOPIC PER EXPLANED VIDEO BANAO ) AS NO NEED TO MAINTAIN BOOKS OF ACCOUNTS
So how u arrived profit 15% hai
@@expertcasachin SIR ACTURL MARGIN GROSS PROFIT IS 15% EXPENSES NOT MAINTED
Then show 15% in 44AD
We can show profit @ 6 percent no need of showing higher actual profit
Higher profit lena hoga
@@expertcasachin
And in 44ada @50 percent or higher
Higher
HW can i pay income tax online?
Challan 280
Head income tax