I'm a director and majority share holder of a private limited company that provides software services.
I've been the main engineer behind all services provided by the company and taking income in the salary head for last 4 years.
I came to know that I can also claim 44ADA if I take professional fee instead of salary from my company which will reduce my tax burden and compliance significantly.
Is that correct or some rule actually prevents me to do so?
Anybody can share but someone has to Google search and post something helpful to querist. which I did and you did not sir. In this case, lets see if you ( Mr. Sabyasachi Mukherjee ) spends time to make and post synopsis to help the querist or is just going to keep posting such jealous, hatred, negative and inferior comments on other members comments. I must say this, "Everyone is so insecure these days"
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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