44ada

This query is : Resolved

RAKESH (Querist)
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17 July 2019 Assessee received salary first 3 month u/s 192 and balance 9 month as a business consultancy receipts u/s 194J.

Can he claim 44ADA. his qualification only 12th.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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17 July 2019 No eligibility for 44ADA.

shivam jain

shivam jain (Expert)
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18 July 2019 but why he can not claim for 9 months under 44ADA ?????

CA Mayur Todmal

CA Mayur Todmal (Expert)
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18 July 2019 44ada is only for specified professionals
Persons engaged in any of the following professions:
Legal
Medical
Engineering
Architecture
Accountancy
Technical consultancy
Interior decoration
Other notified professionals
Authorized representatives
Film Artists
Certain sports related persons
Company Secretaries and
Information technology

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RAKESH

RAKESH (Querist)
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24 July 2019 please define Other notified professionals.

a person hold directorship in a pvt company since 8-10 years and received salary. but FY 2018-19 he got Business consultancy receipts u/s 194J . can he claim 44ADA.

CA Mayur Todmal

CA Mayur Todmal (Expert)
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24 July 2019 Other notified professionals such as authorized representatives, film artists, certain sports-related persons, company secretaries and information technology

RAKESH

RAKESH (Querist)
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24 July 2019 Sir, Business consultant providing Services u/s 194J not cover under 44ADA