44AD: online seller ka income taxSection 44AD presumptive tax calculator
Books maintain nahi karte? Presumptive scheme mein turnover ka ek fixed hissa hi income maana jata hai.Not keeping full books? Under the presumptive scheme a fixed share of turnover is treated as your income.
Tax for the year
Within the 44AD limit₹0
- Turnover
- ₹40,00,000
- Presumptive income
- ₹2,40,000
- Cash share
- 0.0%
- Turnover limit
- ₹3,00,00,000
Advance tax ki zaroorat nahi.
No advance tax needed.
No advance tax needed.
Kaise kaam karta haiHow it works
- Bank ya digital receipts ka 6%, cash ka 8% income maana jata hai.6% of bank or digital receipts and 8% of cash receipts are treated as income.
- Limit ₹2 crore. Cash 5% se kam hai to ₹3 crore.The limit is Rs 2 crore, or Rs 3 crore if cash is 5% or less of receipts.
- Advance tax ek hi baar, 15 March tak.Advance tax is due in one instalment, by 15 March.
Sawaal jawabQuestions people ask
Meesho payout digital hai ya cash?Are marketplace payouts digital or cash?
Digital. Marketplace seedha bank mein bhejta hai, isliye 6% lagta hai.Digital. Marketplaces pay into your bank, so the 6% rate applies.
Turnover kaise ginein?How should turnover be counted?
Settlement ke hisaab se, order value se nahi. Return aur cancel minus karke. Galat turnover se galat tax banta hai.From settlements, not order value, net of returns and cancellations. The wrong turnover gives the wrong tax.
Limit se upar ho gaya to?What if I cross the limit?
Phir presumptive nahi chalega, aur audit lag sakta hai. Hum se baat karo.Then the presumptive scheme is not available and an audit may apply. Talk to us.
Seller ka ITR, ₹1,999 seITR for online sellers, from Rs 1,999
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Kuch samajh nahi aaya? WhatsApp kar do, free mein bata denge.
Not sure about something? Message us on WhatsApp and we will tell you, free.
Not sure about something? Message us on WhatsApp and we will tell you, free.