Query about u/s 44ada

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2017 Respected sir
My client is Doctor and he Received Professional income from Hospital and TDS Deducted u/s 194J
As per 44ADA assessee can claim Benifit if Shows 50% of gross receipts and does not required audit and Maintained Books of Accounts

Now My Question is if I don't go for Presumptive u/s 44ADA and I show income less than 50% of gross receipt , Can I do that , is there any condition or any critirea for this..

He Received gross amount I.e 6,50,000 and TDS Deducted 65,000 rs.

Which Scheme is Better for him for Claim Maximum amount of TDS

Kindly answer

Thanking you

RAJA P M

RAJA P M (Expert)
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28 July 2017 He can file his return u/s 44ADA / 44AB if he get only income from hospital. Bcoz, The salary/income received from hospital for bank payment. That is the books of accounts..... If he get audited then he get more refund from ITD. If he file 44ADA for 50% 3,25000-250000=75000 If he get any additional deductions also add and calculate the income after file he get refund more....

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Querist : Anonymous

Querist : Anonymous (Querist)

29 July 2017 Thanks a lot sir
Also got 5000 rebate (income is less than 5,00,000)
I.e.3,25,000