How to File Itr4 for AY 24-25 | New Limit of Presumptive Taxation under section 44Ad/44 Ada

New Limit of Presumptive Taxation under section 44Ad | 44Ad of income tax act | Itr4 Filing
#DeepakBaisla #StartRootFinTech #CaDeepakBaisla #DeepakBaisla
#DeepakBaislaCA #incometaxamendment #itr4 #taxation
#taxationinindia
( presumptive taxation scheme under income tax act,income tax,presumptive income under section 44ad,section 44ada of income tax act,section 44ad of income tax act,section 44ad income tax,section 44ad,presumptive taxation,section 44ada,section 44 of income tax act,section 44ab of income tax act,sec 44ada of income tax act,44ada of income tax act,44ad income tax,presumptive taxation scheme under income tax act in english,presumptive income u/s 44ad )
-----------------------------------------
Dear Visitors,
Welcome to our official RUclips Channel " StartRoot FinTech ". Myself, CA Deepak Baisla - Founder of StartRoot FinTech.
The purpose of creating this channel is to ease business doing for Start-up’s, MSMEs & Corporates by sharing them a one stop solution virtually and knowledge about all Legal Registrations, Legal Compliances, Income Tax, GST, MCA, NGO, Latest News & Other Information's. Also helps in sharing all individuals a complete business guidance.
StartRoot FinTech | Start-up’s I Compliances I GST I Virtual CFO I Accounting I Online Consultancy I Tax Management I NGO
For Inquires/Collaboration/Sponsorship:
Contact No. - 8750541554 (Deepak Baisla CA)
[e-mail]
[e-mail]
Please don't forget to like, share and subscribe!
► Subscribe: / @startrootfintech
► Website: www.startrootfintech.com/
► Facebook Myself: / dippak.baisla
► Instagram: / dippakbaisla
► Twitter: / cadeepakbaisla
► LinkedIn: / deepak-baisla-31861a185
► Telegram: t.me/startrootfintec
DISCLAIMER
The opinions, conclusions, information's, contents, instructions, documents, advices, references or otherwise whatsoever called in this video only for education and awareness purpose only and don't be considerable as legal advice in any way. Also we don't accept any liabilities or otherwise whatsoever, any type of losses caused directly or indirectly by the use/reliance of any video. Prior to acting/believing upon the video, you are required to take legal advice from your Tax/Legal/Professional consultant.

[@sainiloveli4742]

Which form is suitable for itr file, i have agriculture income 6 lakh , no Book maintenance income 6.50lakh
Suggest form

[@kopalagarwal5128]

Sir 44ad me bank statement se credity or debtoy kiyna © kare for itr 4

[@user-gw8gj6it2p]

Hi,
I am maintaining books and showing income from “profit and gain from profession” and filing my ITR under normal tax provisions from last 10-11 years. Now I no longer want to maintain books so I am planing to file ITR under presumptive taxation [section 44ADA] as I am a software engineer by profession and eligible for section 44ADA.
Q-1: Can I switch from normal tax provisions to presumptive taxation ? is it allowed in my case?
Q-2 Can I get notice from income tax department for switching it to presumptive taxation just because I was showing it under normal tax provisions from last 10-11 years and maintaining books?
Q-3 Do I need to submit any form [SIMILAR TO 10IE OR 10IEA form that we fill before filling ITR ] for switching to presumptive taxation?
Q-4: I filed my ITR under new tax regime last year and filled form 10IE. But this year, new tax regime has been made default and I am also going to continue with new tax regime. Do I need to submit form 10IE or 10 IEA this year again if I choose new tax regime for this year?
Please reply as soon as possible.
I will highly appreciate your help.
Thanks.

[@v-mg9fl]

Hi,
Please clarify whether we can get standard deduction of 50,000 when we have income under sec 44ADA (only one source of income under this section)

[@Lamp141]

Which all business expenses are allowed for a freelancer online work, filing under 44AD.

[@Startrootfintech]

No need to book expenses, for 44ad just take a presumptive net profit or total income at least at rate of 8% or 6% of sales or turnover or total business receipts as the case may be

[@braininsights6101]

GSTR1 TURNOVER- 2.11CR
RECEIVEING MODE- ALL DIGITAL RECEIPT
PAYMENT OF EXPENSES-
MAXIMUM DIGITAL MODE
BUT SOME CASH PAYMENT of 9LAKH..
SHALL I APPLICABLE FOR 44 AD

[@maruthireddy7812]

Sir maine self transfer kartha hu paytm se phone pe Google pay me bar bar kartha rahatha hu kya transaction 10 lakh uper gaya hai self transfer karne se income tax notice ayega kya

[@SenseThePower]

no,

[@yousufgreen1560]

ITR3 kab aayega sir???

[@manishhamalthakuri2666]

Sir me government employee hoon recently 2022 ko maine option trading Kiya tha aur Mera capital approx 5 lakh chalaga Gaya aur kuch share kharid ke bech bhi Diya tha without profit aur recently 2023 October ko kuch share liya tha 4 lakh k aur may 2024 ko kuch share 15k ki profit me sell Kiya tha abhi bhi kuch share portfolio me hai .
To kya mujhe ITR file karna hoga ya nahi ? Aur future me kuch problem ho sakta hai?
Kisi ko kuch knowledge ho ta reply kar sakte hai thank you.

[@Aziz_communication]

Normal ITR Fill Kar sakte ho Fayde me Rahoge Chahe Apki Income Kam se Kam kyu na Ho ITR Fill Karna Normally Faide me Rahta Aur Aapne to Poori Detail Bataya hai Uske Hisab se 5 to 10 Lac se Jyada ho Gaya Hoga 😂😂😂

[@manishhamalthakuri2666]

@@Aziz_communication nahi 5 lakh hi hai aur abhi me share me lagaya hoon to agar ITR file nahi karne se chalega kya?
Aur agar ITR file karte hai to kon sa ITR file kare?
Aur agar ITR file nahi karne se koi dikkat hoga?

[@SenseThePower]

i think you should file ITR, for F&O PnL + salary, you need to file ITR3, meanwhile for better and accurate information you can contact any CA.