FREELANCING INCOME TAX TREATMENT
This query is : Resolved
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Yogesh Bhayal
(Querist)
05 July 2024
DEAR SIR,
ONE OF MY CLIENT HAINVG INCOME FROM FREELANCING INCOME UNDER PROFESSIONAL RECEIPTS IN AIS /TIS (SECTION 194J & 194O) CAN I CLAIM THIS INCOME UNDER 44AD SCHEME OR NOT.
ONE OF MY CLIENT HAINVG INCOME FROM FREELANCING INCOME UNDER PROFESSIONAL RECEIPTS IN AIS /TIS (SECTION 194J & 194O) CAN I CLAIM THIS INCOME UNDER 44AD SCHEME OR NOT.
Dhirajlal Rambhia
(Expert)
05 July 2024
Any income from specified professions cannot be declared u/s. 44AD IT act.
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Dhirajlal Rambhia
(Expert)
28 August 2024
You can declare specified profession income u/s. 44ADA IT act.
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