Applicability of section 44ADA to a full time employee and part time consultant

This query is : Resolved 

Quick Summary
This discussion clarifies whether a full-time salaried employee can use presumptive taxation under section 44ADA for occasional part-time consultancy income. The consensus is that it is permissible, and they should file using ITR 4. However, it's advised to check the terms of their primary employment for any potential conflicts.

24 July 2023 Can a full time salaried employee, who has also just begun to do occasional (there is only one such receipt for PY) part time consultancy work (engineering design & services) opt for presumptive taxation for his professional fees?

24 July 2023 Yes, file ITR 4.
No restriction in IT act, check his employer's terms.

13 September 2024 Good luck.


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