Income from vastu consultancy - section 44ad

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 December 2013 Dear friends,

Please give your opinion on whether income from VASTU consultancy is business income or professional income in view of section 44AD of the Income Tax Act, 1961.

Thanks & Regards
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
17 December 2013 It is a profession and sec 44AD cannot be used for filling itr 4s.
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