Dear Nilesh,
Is there any clarification ?
Nilesh Pandya
(proprietor)
(304 Points)
Replied 06 March 2019
No clarification issued by ITD.
But the wording of the section itself state as... " Notwithstanding anything contained in sections 28 to 43C, in the case of an assessee, being a resident in India, who is engaged in a profession referred to in sub-section (1) of section 44AA and whose total gross receipts do not exceed fifty lakh rupees in a previous year..."
Dinny Kurien
(bank)
(22 Points)
Replied 10 March 2022
Is a gold appraiser a notified professional? He gets payments for the services from bank's customers directly. Please do reply
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