Applicability of Section 44ADA

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This discussion clarifies the applicability of Section 44ADA, a presumptive taxation benefit, for individuals who are resident but not ordinarily resident (RNOR) in India. It confirms that both Section 44ADA and the Section 87A rebate are indeed available to RNOR individuals. The key point is that the distinction between ordinary and non-ordinary residency primarily affects income chargeability, not the availability of these specific tax provisions for residents.

R.yatheswar

R.yatheswar (Querist)
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10 June 2021 Whether Presumptive taxation benefit under Section 44ADA is Available for resident but not Ordinary resident? (RNOR) I thought that the bifurcation of Resident -Ordinary and Not -Ordinary is only for the limited purpose of Chargeability of Income in India. And since section 44ADA is Applicable for "Resident" ,I think it is applicable for both Ordinary resident and Not Ordinary Resident. Similarly, please clarify the applicability of Section 87A rebate for Not Ordinary Resident. Thank in advance