Presumptive Taxation under Income Tax (Section 44AD, 44ADA and 44AE)

Faculty – CA Rohit Kapoor

📆 15 July
⏰ 6.30PM – 8.30PM

Course Fees
1499(Including GST)
1049(Including GST)

30% CA Day Offer

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Key Features
✅English Medium
✅Duration 2 Hours
✅E Certificate
✅E Notes available
✅The Recordings will be provided

What will be covered in the Course?
▪Whether turnover or gross receipts are to be taken inclusive of GST the purpose of section 44AD and 44ADA?
▪Whether provisions of section 44AD overrides section 43B, 43CA ?
▪What is the treatment of brought forward losses in case of presumptive taxation under 44AD,44ADA and 44AE.
▪What is treatment of unabsorbed depreciation in case of presumptive taxation under 44AD,44ADA and 44AE.
▪Can a life insurance agent or mutual fund distributor can file his return of income in ITR 4 declaring presumptive income?
▪Persons who are ineligible to opt presumptive taxation scheme under Section 44AD. Whether LLP can declare deemed income under section 44AD?
▪Under what circumstances the threshold limit of Rs 2 Crore is extended to Rs 3 crores.(applicable from AY 2024-25)
▪Whether advance tax payment is mandatory to person opting presumptive taxation.
▪Whether TDS provisions are applicable in case of section 44AD,44ADA and 44AE
▪Whether the word claimed used in section 44AD is right or obligation?
▪Whether professionals other than professional specified and notified under subsection 1 of section 44AA can declare income under section 44AD?
▪Whether a person engage in derivative trading can opt for section 44AD?
▪Whether the assessee engaged in speculative business can opt for section 44AD?
▪Explain the difference between profession and vocation? Whether person doing vocation can opt for section 44AD?
▪Section 44AD (5) the word used is total income whereas section 44AB uses the word his Income? What is the significance of same?
▪Whether similar provision like 44AD(4) is also provided in section 44ADA?
▪Where a person is not required to maintain any books of accounts in case of person opting for presumptive taxation.
▪Whether HUF can do profession?
▪Under which circumstances the enhanced limit of Rs 75 lakhs is applicable of person opting 44ADA (Apllicable from AY 2024-25)
▪To whom section 44AE is applicable?
▪Difference between gross vehicle weight and unladen weight in section 44AE?
▪How to determine whether a vehicle is heavy goods vehicle for other than heavy goods vehicle?
▪Whether Private limited company can declare deemed income under section 44AE?
▪Whether in non-resident Assessee can go for section 44AE?
▪How to compute income in case a person owns or hire heavy or light goods vehicles more than 10.

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