Foreign income
This query is : Resolved
09 July 2015
I m a resident , im receiving income from Dubai, my profession is making post, stories etc. in facebook. so my query is whether I can apply section 44AD. If not applicable then suggest under which section my income is taxable or not.
09 July 2015
Section 44AD is applicable only to business. Your income is taxable under professional income. You can deduct any expenses incurred in earning this income. Your income is liable for taxation under the head profit from business and profession.
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