IT section 44 AD Return File करने पर Balance Sheet कैसे बनाये |Section 44Ad कया है?

IT section 44 AD Return File करने पर Balance Sheet कैसे बनाये |Section 44Ad कया है? #incometax #itr4Section
44AD of the Income Tax Act, 1961, deals with the presumptive taxation scheme for small businesses and professionals. This section provides a simplified method of computing income tax for small taxpayers who carry out their business as a sole proprietorship, a firm, an Association of Persons (AOP), or a Body of Individuals (BOI) and have an annual turnover of less than Rs 3 crores.
Under this section, a small taxpayer can declare his/her taxable income as a percentage of their total turnover or gross receipts. The prescribed percentage for this purpose is either 8% for those engaged in business or 6% for those engaged in the profession. This declared income will be deemed to be the total income of the taxpayer and will be taxed accordingly.
The advantage of this section is that it saves small taxpayers from the hassle of maintaining detailed books of accounts and getting them audited, which is a requirement for those whose total turnover exceeds Rs 3 crores. However, it must be noted that this section is not applicable to those who are carrying out any business or profession which requires mandatory audit under the Income Tax Act.
In summary, Section 44AD of the Income Tax Act provides a simplified method of computing tax liability for small taxpayers and is aimed at reducing the compliance burden on them.
#IncomeTax #Section44AD #PresumptiveTaxation #SmallBusinesses #Professionals #TaxComputation #SimplifiedMethod #Turnover #GrossReceipts #TaxableIncome #DeemedIncome #BooksOfAccounts #Audit #ComplianceBurden
1) who is eligible for section 44AD
2) How to calculated 44AD imcome
3) what is 6% and 8% in 44AD
4) who cannot caim 44AD
5) Is section 44AD compulsory for 44AD
6) What is the benefit of 44AD
7) Is GST is mandatory for 44AD
8) Can shown more than 8% profit in 44AD
9) Which ITR is applicable for 44AD
10) What is section 44AD With example
11) Balance sheet is compulsory in 44AD
Your queries -
who is eligible for section 44AD
2) How to calculated 44AD imcome
3) what is 6% and 8% in 44AD
4) who cannot caim 44AD
5) Is section 44AD compulsory for 44AD
6) What is the benefit of 44AD
7) Is GST is mandatory for 44AD
8) Can shown more than 8% profit in 44AD
9) Which ITR is applicable for 44AD
10) What is section 44AD With example
11) Balance sheet is compulsory in 44AD
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[@neelashsharma5920]

Very good sir ji

[@skbisaria9053]

How UDIN on 44ad will be taken

[@vimalrawat8126]

44ad main balance sheet nahi banani padegi

[@somilgupta5123]

sir balance sheet me investment part propritership ke persnal investment ke liye hota hai ya sir firm/business ko increase krne ke liye jo investment krte hai uske liye use krte hai sir investment part sir balance sheet me sir

[@arpinformerofficial]

Agar partnership firm Partner capital account banana padega jisme partner apana investment dikha sakate hai

[@kailasdabholkar1560]

This is basic information of no use

[@leenasharma4453]

Sir in case of transporter u/s 44AE how to prepare pl & bs

[@manthrajtrivedi7902]

Agri project sales and marketing karne valo ko kiss code me lena chahie or uska BUISNESS code kya rahega

[@arpinformerofficial]

Marketing code list me nahi to other wala code use karo description me marketing show karana

[@manthrajtrivedi7902]

@@arpinformerofficial uska balance sheet kese banaenge ?

[@vimalrawat8126]

Koi ongc ke liye photografic karta h , Sara banking chanel se h टीडीएस94c m kata h , to balance sheet ki jarurat nahi padegi