File return u/s 44ad

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satish kumar kumili (Querist)
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25 February 2018 Can a person receiving receipts through tds u/s 194J file return under presumptive business if he is not a professional specified for 44ADA.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 February 2018 No, 44AD is not meant for TDS deductee u/s 194J.

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RAJA P M

RAJA P M (Expert)
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26 February 2018 No.... But, You can proceed normal filings.

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satish kumar kumili

satish kumar kumili (Querist)
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27 February 2018 Sir,If so he is person filing under 44AD from last 2 years and from this year he is receiving such 194J receipts.He is a proprietor for such business.So can these 194j receipts be clubbed with business under 44ad.Sir Is there any notification specifying that 44AD is not meant for TDS deductee u/s 194j.Because under 44ADA only some professionals were covered and many other professionals are not.

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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27 February 2018 44AD not applicable to professional refer this section. You are right 44ADA applicable only to certain professional.
Tell me the nature of professional income for which TDS deducted under 194J.

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RAJA P M

RAJA P M (Expert)
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27 February 2018 What is the nature business and which way he get the income?

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satish kumar kumili

satish kumar kumili (Querist)
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28 February 2018 Presently he is a lecturer and an employee too.But management due to work burden or may be for other reasons they are deducting under 194J.Nature of business is through Coaching centre operated by him from last two years.He is running coaching centre as part time basis.The query was raised because if so there is any possibilty we can show this type of cases under "No Books Case"

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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28 February 2018 Lecturer income for which TDS deducted under 194J can't be opted for 44AD.

satish kumar kumili

satish kumar kumili (Querist)
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28 February 2018 Ok Sir.Thanks for spending your valuable time for answering my Query.

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