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Income from service guard service

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2016 I received 5.00 & 6.00 lac respectively from one of my client against security guard service provided by me during Financial Year ended 31.03.15 & 31.03.16. My Client deducted 1% TDS U/S.194C during both the years. . Whether I am entitled to show my income u/s.44AD @ 8% or I have to declare my income @ 50% ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 June 2016 Yes you are entitled to show your income u/s 44AD @ 8% in case you engaged other person to provide the service.
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 June 2016 If I myself was only engaged in security guard service, then ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 June 2016 Then 44AD not applicable to you you have to declare your full income and claim traveling expenses Rs. 1600 per month.
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