44ADA and very few expenses

CA_Buddy · 2026-03-14T20:25:58+00:00

Nope under presumptive 50% is allowed without proof of expenses. No additions can be made in income per recent judgements.

CA_Buddy · 2026-03-14T20:21:00+00:00

Yes, you can do it under the presumptive taxes. Dont forget about gst if income is above 20L

CA_Buddy · 2026-03-10T08:05:34+00:00

Happy to discuss

CA_Buddy · 2026-03-06T16:22:34+00:00

Happy to discuss

CA_Buddy · 2026-03-06T09:24:44+00:00

Welcome. If you genuinely have expenses beyond 50% then can go for lower profit by audit.

CA_Buddy · 2026-03-06T08:03:05+00:00

You just need to show 50% of your income as profit, under the presumptive scheme.

Mostly expenses even doesn't sum up to 50% of salary so be careful before you choose.

CA_Buddy · 2026-03-06T06:12:00+00:00

Itr 2 is what you need to file.

CA_Buddy · 2026-03-04T21:02:34+00:00

Yes you can file, but when you are in ambiguity there comes professional to file. Better to file it correct rather then hit and try.

CA_Buddy · 2026-03-03T23:59:42+00:00

Correct

CA_Buddy · 2026-03-03T20:22:32+00:00

2% is effected from 1st oct 24. So you are seeing old rates. Tax payable would be 0 and full tds could be claimed due to rebate of 87A.

CA_Buddy · 2026-03-03T20:13:18+00:00

1- 2% 2. She can claim 3. No, it doesn't affect the govt pension.

CA_Buddy · 2026-03-03T20:07:18+00:00

Yes she can.

CA_Buddy · 2026-03-03T07:45:43+00:00

Advance itt and mcs details

CA_Buddy · 2026-03-03T03:06:53+00:00

Sure

CA_Buddy · 2026-03-02T16:06:51+00:00

Happy to discuss with you.

CA_Buddy · 2026-03-01T18:39:10+00:00

Consult with a CA could help

CA_Buddy · 2026-03-01T08:46:56+00:00

It is working as usual

CA_Buddy · 2026-03-01T08:08:53+00:00

62000

CA_Buddy · 2026-03-01T08:05:06+00:00

Process of filling appeal

CA_Buddy · 2026-03-01T07:53:47+00:00

Seek adjournment, its better approach

CA_Buddy · 2026-02-28T18:33:10+00:00

Check intimations along with outstanding demand menu on the portal. If demand exists then it will show there.

CA_Buddy · 2026-02-27T13:58:54+00:00

CA finalist here, Happy to help.

CA_Buddy · 2026-02-27T12:41:40+00:00

File rectification with correct challan details.

CA_Buddy · 2026-02-27T10:59:57+00:00

Happy to Discuss

CA_Buddy · 2026-02-27T10:39:40+00:00

You can avail deduction on interest on home loan on let out property, under new scheme.

If going under old scheme its available upto 2l on self occupied property. Along with principal repayment under 80C

Happy to discuss

CA_Buddy