Lathe machine work

This query is : Resolved

raghavendra b (Querist)
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01 August 2019 DEAR SIR,

ONE OF MY CLIENT DOING LATHE MACHINE WORK MEANS METAL CUTTING, DRILLING, ETC. SO MY QUESTION IS CAN FILE INCOME TAX RETURN U/S 44ADA PROFESSIONAL INCOME OR INCOME FROM OTHERS SOURCES.

REGARDS

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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01 August 2019 It will fall under works contract and fall under business income eligible to opt 44AD.

raghavendra b

raghavendra b (Querist)
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01 August 2019 THANK YOUR SIR,

NO, NOT A WORKS CONTRACT DAILY MECHANICS SEND SOME PIECE OF WORKS LARGE OR SMALL QUANTITY. SO MY QUESTION IT IS FALL UNDER PROFESSIONALS NOTIFIED UNDER SECTION 44ADA MEANS ENGINEERING WORKS.

REGARDS

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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01 August 2019 It will not faii under 44ADA.

raghavendra b

raghavendra b (Querist)
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01 August 2019 THANK YOU SIR,

REGARDS

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