REGARDING OPTING 44AD FOR OTHER BUSINESS AND TREATING COMMISSION INCOME OF 194D UNDER OTHER SOURCE


This query is : Resolved 

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This discussion explores whether an individual who has chosen the presumptive taxation scheme under Section 44AD for their real estate business can also report commission income under Section 194D as 'Income from Other Sources'. The user is concerned if this combination will render their income tax return defective. It's noted that the return is currently being processed without any queries.

10 September 2025 If the assessee has opted for presumptive scheme u/s 44AD for Real estate business and also having commission income u/s 194D for which it is showed under the head of other source
So whether the income tax return shall be treated as defective of it will be processed as income of 194D is shown under other source?

10 September 2025 It is being processed without any query.

15 September 2025 Good Luck...


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