Sir,
A Doctor professional income Gross receipts rs:50 lacs above tax audit filer non gst registered person 44 clasue applicable or not applicable
Salaries,rents, medicines purchase,pf, ESI, travelling,bank charges,etc
Question:
All expenses show in compulsory
Clause 44 is applicable.
However, you need to show only supplies as defined under GST laws.
For instance, following expenses should not be part of clause 44 disclosure:
- Salary,
- Depreciation
- Supplies exempt from GST etc.
Bank charges, Rent should be disclosed.
Tax expenses may be avoided.
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