ITR & 44ada
This query is : Resolved
05 December 2024
one of my friend is having salary income and is also doing freelancing and earns good amt. while filing itr he wants to know whether he can opt for section 44ada along with salary income. if yes which itr to be filed and the regime for it
05 December 2024
If he earns income from any of the specified profession as specified u/s. 44AA(1) IT act, he can declare such income u/s. 44ADA along with salary in ITR 4.
He can opt for either of the regimes. But once opted out of old regime , he cannot opt it again.
He can opt for either of the regimes. But once opted out of old regime , he cannot opt it again.
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