Recruiter - Freelancers income

Save Share

This query is : Resolved

Quick Summary

A recruiter working as a freelancer, with infrequent income and TDS deducted under Section 194JA, inquired about using presumptive taxation under Section 194ADA. The advice given is that they can indeed use this scheme, even without maintaining formal books of accounts, provided their gross receipts are within the applicable limits.

Suraj

Suraj (Querist)
Follow

18 June 2023 Dear Sir/ Madam,

A person is working as Freelancer in recruitment field. I carries out all the functions of recruitment. However his income is infrequent. TDS is deducted u/s 194JA. He doesn't maintain any books of accounts. Total Gross receipt is Rs. 197143/-

Can we show this income under presumptive taxation u/s 194ADA?

Kindly guide.
Thanks & Regards,
Suraj