How to file ITR u/s 44AD | 6% and 8% profit ख़त्म |अब Actual profit दिखाना होगा |

How to file ITR u/s 44AD | 6% and 8% profit ख़त्म |अब Actual profit दिखाना होगा #44AD | [phone], [phone] |
INSTAGRAM LINK - ....
#howtofileincometaxreturn
#howtofileitr
#howtofileitr3
#howtofileitrin44ad
#howtofilepresumptiveincometaxreturn
#howtofileitr44ad,howtofileitr4
#howtofileitr4
#howtofileitrin44ada
#howtofileitr4online
#howtofileupdatedreturn
#howtofileitr4ay2023-24
#howtofileitrundersection44ad
#presumptiveincomeu/s44ad
#presumptiveincomeu/s44ae
#howtofiletaxesforsmallbusiness
how to file income tax return,how to file itr,how to file itr3,how to file itr in 44ad,how to file presumptive income tax return,how to file itr 44ad,how to file itr 4,how to file itr4,how to file itr in 44 ada,how to file itr 4 online,how to file updated return,how to file itr 4 ay 2022-23,how to file itr under section 44ad,presumptive income u/s 44ad,presumptive income u/s 44ae,how to file taxes for small business
Expert CA Sachin is a post graduate and a practicing Chartered Accountant who have served more than 10000 business man over all the world. Expert CA Sachin helps the people in complete startup funding, Equity funding and all MSME's sector for all types of Loans advice.
Expert CA Sachin aim's to provide complete financial Education to all business man who want to start new Business and Existing Business and all MSME's sectors for GROW MONEY GROW BUSINESS. In every video, Expert CA Sachin not only explains the matter but also advice the subscribers with practical tips learned and faced by clients handled by the CA Sachin in his practical life. So this channel is complete;y different in term of Actual and practical example of the today world of business's problem.
Lets Join us
Contact Number: 9319333248
Email ID [e-mail]

[@expertcasachin]

Attention: In video mentioned by mistake 44ADA income taken without tds so considered 20 lac sale and profit 10 lac

[@atiqulhoque1045]

Clear and Transparent Accounting Guide . Nice

[@JUNEDNATHANI]

As a tax consultant I always examine bank statement of client and draw balance sheet even for filing ITR under section 44ad

[@expertcasachin]

Best practice

[@Fanta_world]

​@@expertcasachinBut what about client when he doesn't pay you as per your work...

[@amarjitseth3389]

You are Right sir regarding 44ad and 44ada.

[@expertcasachin]

Thanks 🙏

[@deepakmakkar4207]

SACHIN JI BAHUT ACHHI VIDEO BUT SIR AB YE TO BATA DO ACTUAL PROFIT KAISE NIKALE WHEN BOOKS NOT MAINTAINED 😊

[@kuldeepkumar-sh1di]

Great Sir Maza Aa gaya Kafi nai bate pata lagi thanku so much 🙏🙏

[@expertcasachin]

Thanks 🙏 must share in ur circle on WhatsApp

[@moneydada7409]

जिस वेबसाइट में गलत दिखा रहे हैं, वो भी ये वीडियो देख के अपनी वेबसाइट में सही कर लेंगे..🤔🤓 बिल्कुल सही v सटीक knowledge है सचिन जी आपको.. Keep it up brother.👌❤️👍

[@expertcasachin]

Thanks 🙏 clear tax ki site hai vese

[@ShikayatiLal]

Very useful topic covered by u 👏👏👍

[@expertcasachin]

Thanks a lot

[@AshishSoni-oy7sr]

Sirji excellent sirji kya ग़ज़ब samjhaya.... Really too good sirji..... Easy simple way

[@expertcasachin]

Thanks 🙏

[@rajendrakalihari9484]

Very Good Very Very knowledgeable video sir Good Job Sir jee

[@expertcasachin]

Thanks and welcome 🙏

[@kuldeepsinghpanwar9373]

Sir, you are doing a great job and the topics of your video are very relevant to the day-to-day working of professionals

[@expertcasachin]

Thanks a ton

[@kingofkingsrb504]

Very helpful and Knowledgeable video 👍

[@tinkuroy5412]

Great sir...... Aisa explain koi nehi krta h... 🎉

[@sudhirshiyani]

Bahut bhahut achha laga sir... aapka video dekhakar bahut kuch shikhne ko milta hai...thanks for it...Sir Ek bar difective return par ek video jarur banana...

[@expertcasachin]

Sure

[@Manoj3030]

Your practice is very well but it's very difficult to convince client they all are thinking last fee paid for same work and you are charging high amount fee they don't care what ever you have done.... I know your approach is very true but the think is how to convence client so that they admire our worked .

[@expertcasachin]

100% agreed

[@mohnishjain7162]

You are right sir , I always shows actual profit

[@catahergolwala8970]

Hi Sachin, I feel madam should remove the word "or actual profit whichever is higher" Or they should keep maintaining accounts manadatory Because of above two point its not appropriate to call sec 44AD as presumptive tax section. Govt is just giving us lolipop, if end of the day they are going to apply old NP ratio to calculate the profit. Your real life examples are indeed great, thanks for making such an amazing videos.

[@mehulvyas5667]

Excellent, as always

[@expertcasachin]

Thanks for listening

[@satyaparkash7500]

Very useful information for tax payers who are doing business

[@expertcasachin]

Thanks for liking

[@neelambauddh9871]

Amazing . common mistake we always do.

[@understandthewordsfeelthes3036]

Thanks For Sharing Helpful information 👍👌

[@expertcasachin]

Most welcome 🙏

[@shivanandarao4082]

Very good explanation. Thanks

[@expertcasachin]

You are welcome 🙏

[@anandkadgi4978]

Informative video 😊 Business mein actual loss hone pe ITR kese bharna hai iss topic pe video banaye Turnover below 1Cr...

[@expertcasachin]

Thanks sure soon

[@anandkadgi4978]

Thank you in advanced😊

[@umendrapratapsingh9752]

Good information sir

[@shaileshkaushik910]

You are Absolutely correct dear

[@expertcasachin]

Thanks and welcome sir

[@amardeepborkar3816]

Informative video 👍

[@yagdattsharma-u2x]

Sir apki video sabse unique mili thankyou. Mere client ne plot purchase Kiya apni mami ke name 1.21 cr ka or mami house wife h. Jo money diya h wo usne or uske bhai ne and uske mama ne diya h to is case me itr mami ki file kre to kya dikhaye

[@dineshsanotiya7618]

सर जी🙏 धन्यवाद

[@ezazahmed3764]

Good to listen sir.. Ezaz Ahmed Advocate

[@expertcasachin]

Thanks 🙏

[@nitindhiman5100]

Yes sir you are right 3rd point in right many of iski wrong interpretation krte h

[@networktutor602]

Good evening, Sachin Sir!! I have a question : I am a vegetable vendor and made profit 40 lacs and deposited the money via cash in my savings account. I have a filed an ITR 4 under section 44ad and paid my 8% taxes.. Now the question is Do I also need to register for GST? Will GST department can question me, if they happen to see the amount I have deposited in cash in my savings account?

[@shivprasaddeshpande2335]

It's very nice sir

[@krunalgoyani]

One question to you sir, You have talked about property sale and profit on it is around 50L right. Now, you are talking about 6 & 8 % on it is wrong. As it is capital gain income, we have to show in capital gain head and calculate accordingly This is my view, what's your please put your valuable revert. Thank You

[@expertcasachin]

Ur also right but if property is my business then I can show as business income also under section 44AD but subject to actual profit

[@sanjaymittal47]

But if only one property sale then....???

[@Golu-d9n]

Great ❤❤❤❤

[@expertcasachin]

Thanks ♥️🥰❤️

[@lalujha8064]

Good knowledge sir 😊

[@pateldhaval9998]

Nice Information..

[@expertcasachin]

Thanks 🙏

[@mahendranindia275]

Great

[@swatimhatre613]

Very useful video

[@ankitaagarwalla488]

Hi sir Agar kisi business man ka profit 10 % dikhana hai or unka 90 % cash transaction hota hai or baaki ka bank to 90% i.e cash k upr bhi 10% income or 10% i.e bank recpt k upr bhi 10% hi income jaega na?

[@Abcsolutioninfo]

44AD to for Business hi and sale of property attarct Capital gain it's a issue with classification of Income not the Profit. We need to show in Capital gain not under 44AD or 44ADA.

[@tusharrajput1647]

If someone deals in property..and property uska Stock in trade ..aise cases me

[@jaykumar-xl5tt]

Sir youtube income is business or profession according to youtube it's a business because we earn money from advertisement and some youtuber works in youtube like a team and they have no specified degree so what's your opinion on it

[@jasrajjain9812]

Sir bahot badiya

[@expertcasachin]

Thanks 🙏

[@socialgamer23]

If we maintain books of accounts and actual profit is less than 50% of gross income, can we avoid filing IRT using 44ADA?

[@satishgaur2515]

Yes you are saying right

[@live_PAT]

If made FDR's 15 lakh out of which Rs. 10 lakh opening balance in bank of last Fy then how can we show 15 lakh income?

[@jayshrikrishnaanand8744]

A physiotherapist works as freelancer at a hospital and earns average 40 k p m and the hospital cuts 10 % tds on the same He does not have any other income from any where Can that person use 44ada as presumptive income What profit % can he show He does not keep books of accounts Pl advise in totality

[@satishgaur2515]

Sir aapki voice cricketer md Kaif ki trh hai..

[@madhurgarg3912]

Sir there is any law to must have currently account for business. If sale is less the 40 lakhs

[@anilkumarvuppala6284]

One video on inoperative pan

[@rajendrakalihari9484]

ऐसे ही अपडेट देते रहें हमें धन्यवाद

[@jagbirsingh5297]

Good explanations

[@expertcasachin]

Thanks for liking

[@expertcasachin]

Thanks for liking

[@sumitlehri5704]

sir thanks for knowledge..can we also show profit on sale of share as pgbp income and can enjoy benefit of slab..there is one cbdt circular which says we can show as pgbp income

[@expertcasachin]

Soon will upload video apke comment par hi banayi hai

[@sumitlehri5704]

@@expertcasachinthe circular is CBDT circular no.06/2016,dated29/02/2016， Thank you so much sir and pls also cover the 44AD aspect also in that case . really appreciate your efforts

[@sumitlehri5704]

@@expertcasachin sir waiting for the video

[@CAyashpanjwaniji]

Cleartax hogi shayad site 😅😅😅

[@expertcasachin]

🤣

[@kiran.dhimal]

😂😂😂

[@anilkumarvuppala6284]

Sir one video on sec. 194 IA

[@knowledgeneedy]

6per se km dikhne k koi rasta h without audit for business??if turnover 50lac from business??

[@expertcasachin]

Yes books of account enter kar de itr main just

[@SCD0]

Presumptive Basis par filing karne ka phir kya faayeda agar sab kuch banana hi padega

[@expertcasachin]

Soon will upload video on same issue

[@vikv4884]

What's last date for revise tax filing, ( to change ITR form) is it mandatory to e-verify, and then revise. If possible make complete video on this.

[@expertcasachin]

31st Dec Yes e verify both

[@vikv4884]

@@expertcasachin before 30 days v have to e-verify know ? In duration between After i e verify 1st filing and Before I complete the revision , if IT process my filing . ? Then I May b in trouble know.

[@mukeshkumarpal9538]

Very good

[@expertcasachin]

Thanks 🙏

[@maheshrathor]

If actual profit is less than 6 or 8%, can we show 6 or 8 % ?? to avoid tax audit ??

[@expertcasachin]

Yes

[@vikv4884]

Sir if 1 lakh is LTCG. Then on entire 1 Lakh should I have to pay 10% or amount in excess of basic exemption.

[@expertcasachin]

No After basic exemption more 1 lac exempted more

[@GAURAVSHARMA-e5b]

Sir agar Hume yeh nhi pta lag pa rha h ki kitni sale cash m aur kitni sale bank se h toh kya 3 rd option Jo h usme 8% ke hisab se return file kr skte h

[@knowledgehub4858]

Thanx sir

[@forgameplaying-p9u]

tax free items ke liye bhi GST no lena jaruri hai sir, turnover more then 1 cr, pleas clear filed,

[@Ajay-g1n6k]

Sir mene 1 april 2022 to 31 march 2023 tak mene total 16.52 lakh received kiya through upi and my net profit is 10k only to ham kya kare pichle year ka ITR abhi time bhere kya sir

[@shashwatbajpai9888]

Hi, I am a freelancer Chess coach & maths teacher. My consultant filled ITR ON 44AD. Is it Ok ? All my transactions are online, almost everything saved so is it ok to declare 50 percent as a profit or I need to declare 100% profit

[@jyotiramukirade6447]

thank sir

[@ganpatilabham589]

U/s 44AD main AY 24-25 main Turnover ka breakup 3 parts mai. Show karne bol raha hai...1) Through Banks ( 2) In Cash and (3) Any other mode. So, please provide clarification on this as to which amount can be shown under the 3rd option i.e Any other Mode. And also provide clarification as to whether the credit sales will fall under the 3rd option as mentioned above or not and how it will affect the disclosure requirements in Balance sheet w.i.t debtors

[@gopalchakraborty9997]

Sir 44Ad me other mode sale ki credit sale hoga , balance sheet me usko debtors dekhne parega sir..

[@expertcasachin]

Yes 👍

[@dileepdileepkumadileepdileepku]

Sir.44ad.me.total.sell.velue.ko.tarnover.le.skete.he.kya

[@expertcasachin]

Yes

[@CAyashpanjwaniji]

Sir ji bank statement m proof h gaming income nhi aayi h withdraw ki hi nhi gyi but 31st March ko automatically tds cut gya or abhi withdraw krna bhi nhi h naa hi wining hui h total loss h to tds k full refund k liye apply kr sakte h

[@pankajvyas8232]

Thanks guruji

[@expertcasachin]

Thanks 🙏 call me Sachin sir not Guruji

[@expertcasachin]

Aap bade hai mujhse

[@taxworld3973]

Sir property sale income passes through capital gain , not via 44Ad & P&L account. I am i right?

[@sngoyal7888]

Depends...whether you are a property dealer or investor...But as per my knowledge even in case of property dealer ,44AD is practically not possible...

[@Golu-d9n]

Thanks ❤🎉

[@expertcasachin]

You're welcome 😊

[@vikv4884]

Is old tax regime available or not in the current year filing

[@expertcasachin]

Available

[@sanjeevjaswal8012]

Nice Sir

[@expertcasachin]

Thanks and welcome 🙏

[@rockop-ol7so]

Sir ek question tha meri income 2 lakh se kam hai, toh mujhe sirf profit loss statement show krni hai income tax return mein ke har ek individual transaction ke. Capital gain bhi 1 lakh se kam hai?? Please btaiye

[@vijaykantmishra2942]

Thanks

[@expertcasachin]

Welcome 🙏

[@vidhisiyalrollno22std3rddi8]

Turmover including gst lena he kya?

[@expertcasachin]

No Only sale value leni hai

[@vidhisiyalrollno22std3rddi8]

@@expertcasachin it means only taxable value

[@RajkumarGupta-bx2xu]

Sales 1.25 cr hai Sales receipt 100% bank me hai. Audit karana kab jaruri hai. Profit 6% dikhya ja sakta hai ya nahi actual profit 4 to5% hai pl guide

[@expertcasachin]

Yes can show 6% no issue

[@RajkumarGupta-bx2xu]

@@expertcasachin THANKS FOR REPLY . AUDIT IS COMPULSORY THIS YEAR BECAUSE LAST YR IS DONE DUE TO CASH TRANSACTION THIS YEAR NO CASH TRANSACTION. PL GUIDE

[@sourabhplaygood6587]

Sir , drawings kis ko mante hai hum capital account me ?

[@ashokramatirth8128]

Tell us how to calculate profit sir

[@Abcsolutioninfo]

Boss Property sale pe to Capital Gain Hoga not in 44AD

[@expertcasachin]

Not necessary dear it may be my business for sale and purchase of property

[@ankitmehta3368]

If no sale in GST number then can we file cash sale in ITR ???

[@expertcasachin]

Not possible

[@kartikpareek1]

Sir agar hum profit 6% ya 8% se kam profit declare kre, tab bhi audit karwani hogi kya??. Loss show krenge tab to audit hogi but 6% ya 8% se low profit show krenge to iss case Mai kya hoga??? Please clarify

[@expertcasachin]

Book of account mandatory hai no audit Pl bs bharni hogi bus

[@ashishbansal3669]

Because in some cases actual profit margin are 4-5% , so do we need to show 8% of gross turnover or actual? (If we show 8%, how can we bring surplus to show extra profit)?

[@ajitkumar-mp4gi]

​@@ashishbansal3669 Yes you have to show 6/8% if u are in locking period of 44ad Otherwise you can show less then 6%

[@ashishbansal3669]

@@ajitkumar-mp4gi What is lock-in period sir

[@shubhamkarade7892]

Ek person ne apni wife ke bank account se transaction kiye Hain to wife ka ITR file karna hai aur wife housewife hai koi income ka source nahin hai to kya dikhayen income source ??

[@mohdsalim9574]

Sir For example If gst turnover 10 Lac and bank reciept 20 lac than we showing which turnover in ITR

[@expertcasachin]

Gst 10 lac but why 20 lac in bank account

[@mohdsalim9574]

​@@expertcasachinkyunki sir 10 lac ka kam without gst kr liya h

[@caduamukesh]

If gross receipts of a professional are less then 50 lakh can he declare actual profit without taking into account the provisions of section 44ADA?

[@expertcasachin]

Yes

[@comedyclips4590]

Sir delta exchange india crypto trading tax par ek video bnaye pls

[@rainudutt]

Professional income 20 lac instead of 18 lac in yr example

[@goeltaxconsultancytaxadvoc7830]

Sorry to say this sir workload is increasing day by day but due to competition fees is decreasing day by day. Now a days the situation of Tax professional is too much worst if I demand proper fees to do proper working than noone clint will ready to pay me proper fees.

[@expertcasachin]

Agreed dear I am with you

[@snehamoysamanta4181]

Sir do I have to mention pmkisan 6000 in my total income? If yes in which section??

[@72yogendra]

nice sir

[@expertcasachin]

Thanks 🙏

[@Accountant-s2t]

Sir itr4 me turnover taxable value ko show karte hai kya

[@punitgupta1228]

Act ne bola he minimum 8% toh dikhana hi he naki 8hi dikhao😂.

[@krishnaagarwal3018]

matlab ye hai ki 92% of the receipts ka cash withdrawal karlo aur black me convert karlo, 8% profit aajayega dikha do.

[@taxworld3973]

It's will be treated as drawing, not expenditure.

[@siddhanthublikar5333]

If any amount received from lic policy after matured or before matured then it’s taxable amount or not…please explain this point…?

[@abhinaysarode5167]

It is

[@navindamani7616]

Can Tution income be declared under 44AD??tution of school children

[@expertcasachin]

Yes

[@benchmark7440]

ITR ma GST taxable turnover show karna hota ha ya Invoice value of GST in case of 44AD

[@expertcasachin]

Without gst Gst sale as per gstr 1

[@ritukumari2005]

Hello sir 194 I(b) laptop rental pe tds kata tha and usko other income me add kr pure income pe tax pe krne ko kaha , kya ye sahi hai

[@kalpeshgargoswami-rz3mq]

I want to learn balance sheet finalisation do u have any update