presumptive taxataion scheme 44AD

This query is : Resolved 

17 July 2024
Hai myself Rajesh
I am working in 2 colleges as a lecturer under contract basis. The college authority deducted tds under section 194c and 194JB. My total receipts Rs.434380/-( all are bank receipts) for fy 2023-2024 ( Total TDS deducted Rs.10650/-).Will i file in ITR 4? Can i show in presumptive taxataion scheme 44AD by showing 6% profits. What is the business or professional code for my income. (code no.) can i get TDS refunded?

It is humbe request to guide me in detail. I am waiting for your valuable reply.

18 July 2024 File ITR under new scheme without opting 44AD your entire TDS will be refunded.
Select other professional code.

18 July 2024 Sir, Thanks for your reply.
But i am confussed.
In ITR 4, Where should i put the profession receipts amount.

18 July 2024 File ITR 3 and show it under professional income.


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