Income received under 194j

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 July 2018 A PERSON PROVIDING SERVICE AS A REPORTER TO ONE OF A PRINT MEDIA IN MUMBAI, HE HAS RECEIVED INCOME AFTER TDS U/s 194J,,, MY QUERY IS, CAN HE CLAIM INCOME UNDER SEC 44ADA OR TO BE SHOW UNDER INCOME FROM OTHER SOURCES?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

04 July 2018 Journalism is considered as profession you can declare tax u/s 44ADA.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

04 July 2018 44ADA is not applicable for 'reporter' since the said profession is not covered
in 44AA(1).

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Querist : Anonymous

Querist : Anonymous (Querist)

05 July 2018 That means can he claim under income from Other Sources OR 44AD??

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

05 July 2018 Income to be declared under 'profits & gains of business or profession'. 44AD is also
not applicable since 'reporter' is not doing an 'eligible business' for opting
presumptive taxation

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Querist : Anonymous

Querist : Anonymous (Querist)

05 July 2018 I GOT IT,,, THANKS FOR REPLY

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