coaching business which ITR Form file

22 July 2017

I provide coaching classes at my home and earn approx 5,00,000 PA.Can I avail the benefit of Sec.44ADA .Which ITRForm should I file.
(SANDEEP)

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5 Replies

RAJA P M ("Do the Right Thing...!!!") (127146 Points)
Replied 22 July 2017

You can file ITR 4 (44AD). 44ADA is professionals. If you are under any professional head then you can file ITR 4 (44ADA)

Sandeep Kumar (37 Points)
Replied 22 July 2017

thank you sir. But I am confused that who is professional u/s 44ADA

RAJA P M ("Do the Right Thing...!!!") (127146 Points)
Replied 22 July 2017

Some examples of Professional :
CA - Finance
Dr - Health Care
Er - Construction
Advocates - Law and Order
P. hd & Doctorates - Education

Sandeep Kumar (37 Points)
Replied 22 July 2017

OK sir than how to calculate tax on 5,00,000 u/s 44AD .Can I avail deduction u/s 80C 80GG.

RAJA P M ("Do the Right Thing...!!!") (127146 Points)
Replied 22 July 2017

If Rs. 500000 you don't have any liabilities. Also you can get deductions chapter VI A....

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