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


This query is : Resolved 

Quick Summary
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...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
Featured 02 August 2026
Accounts Executive

Aashok F&C Advisory

Guwahati

CA

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Follow