Section 44ADA for Doctors

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  1. sir, i am a doctor running nurshing home total recipt <50 lacs kya 1st april ke baad
    daily cash balance nikalna
    expenditure daily ka daily dikhana is mandatory or not if i choose section 44ADA FOR COMPUTATION
     
  2. @doctor,
    Under Section 44ADA which is applicable for the F.Y 2016-17, a professional can pay his/her tax on the 50% of gross receipts. No other expenditure shall be allowed and maintaining books of accounts is not mandatory.
     
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