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Do i need to file return?

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2017 Hi there,

If someone is a freelancer doing work with foreign clients (administrative jobs) but payment come to bank directly and don't have any Invoicing system etc.. can he/she opt for 44ada? if yes then total receipts are under 4 lacs then 50% would be 2 lacs, In that case does this person need to file ITR at all?

Last year this person have filed return with approx. 3 lacs income as business/profession and paid some tax on it too.

All answers are appreciated.

Thank you
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
18 June 2017 1. 44ADA is applicable only to persons covered u/s 44AA(1).

2. If so, no need to file IT return.
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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2017 Thanks for the reply but I was looking for a bit detailed answer based on my both questions.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 June 2017 As the income earned exceeding basic exemption limit he has to file the return and claim 44ADA benefit.
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