Income from giving lectures


This query is : Resolved 

Quick Summary
This discussion addresses whether income earned from giving lectures, both online and offline, qualifies for presumptive taxation under Section 44AD or 44ADA of the Income Tax Act. Given the individual is a visiting faculty professor, Section 44ADA is likely applicable for their professional fees, after TDS under Section 194J.

04 July 2024 Assessee gives online lectures and offline lectures also
From his fees tds u/s 194J is deducted

My question is this will come under 44AD or 44ADA ?

04 July 2024 On what subject he gives lecture? His qualification?

04 July 2024 HE IS A VISITING FACULTY PROFESSOR IN ICAI AND N M COLLEGE

04 July 2024 Sec. 44ADA IT act can be opted.

28 August 2024 Good luck.


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