banner_ad

44AD or 44ADA

This query is : Resolved 

21 August 2020 Hi ,

I am an Engineering professional working for an IT company .My job profile is to provide technical support for enterprise application deployment and server management.

I receive my monthly payment as 194J and my income is less than 6 lacs per year. My question is can i file my ITR under 44ADA with business code 16005 engineering and technical consultancy otherwise which business code should I use?

22 August 2020 IF YOU ARE GETTING REMUNERATION IN THE FORM OF TECHNICAL SERVICES AND TDS IS ALSO DEDUCTED U/S 194J, THEN RETURN CAN BE FILED U/S 44ADA. BUT YOU HAVE TO SHOW A MINIMUM PROFIT OF 50% OF YOUR GROSS RECEIPTS.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details