whether, an Individual , doing patent right consultancy and earning in foreign exchange is an eligible assessee to file ITR 4S i.e. presumptive income on which IT @ 8% is applicable.
whether, an Individual , doing patent right consultancy and earning in foreign exchange is an eligible assessee to file ITR 4S i.e. presumptive income on which IT @ 8% is applicable.
As per my knowledge, Section 44AD will not apply in your case.
Regards,
Devendra Kulkarni
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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Aggarwal Sarawagi and Co
New Delhi
CA
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Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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CAclubindia
