TV (Television) Repair/Service Work
This query is : Resolved
23 October 2021 My Customer doing TV repair/Service work. It is coming under Sec 44AD or 44ADA.
Which sec can I file it.
Which sec can I file it.
23 October 2021 You can declare it u/s. 44AD of IT act..
23 October 2021 Thank you sir for your valuable Reply. And one more thing 50% profit applicable or not ?
23 October 2021 Under sec 44AD there is cap of minimum profit margin, but not for maximum, or whatever actually earned.
So go ahead if you have 90% profit margin also..
So go ahead if you have 90% profit margin also..
23 October 2021 Thank you Sir Very much. It is highly helpful me.
Message likes : 1 times
23 October 2021 My Pleasure ....
23 October 2021 He is doing TV Repair in rented premise. can i mention residence address or Business address in ITR
23 October 2021 Copy the address as per PAN...
23 October 2021 In PAN there is residential address not business address (Proprietary Concern). M customer applying loan for house construction in nationalized Bank. The house address sufficient for bank.
23 October 2021 Yes, till the address in PAN gets changed, it will be same for any Governmental agency, be it Bank.
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