Computation u/s 44 ad of ada
This query is : Resolved
19 July 2019
My Friend is teacher earning Salary as well as income from coaching class. Tds on salary as well as profession is deducted, earlier return u/s 44ADA is filled. This year on IT website Code is fall in 44AD, now my question is whether income will be considered 8 % on turnover or considered at 50%
19 July 2019
Income from coaching class.can't be opted for 44AD/44ADA show full income in ITR 3 and claim any expenses incurred for earning the income.
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