Taxation of freelancers income

This query is : Resolved

Chirag (Querist)
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03 June 2023 i want to know that can i show my such income under section 44ADA ? If no under which head my income will be taxed?
i am a freelancer
i am currently working for a company to train their AI (artificial inteligence)
i received payment of ₹800000 during the year 2022-23
The company gives me payment after deducting tds U/s 192 (salary)
But i am paying salary of ₹300000 & rent of ₹60000 per year to earn above income.
effectively i am earning ₹440000 for the year.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 June 2023 TDS deducted under section 192, hence you can't show this income under section 44ADA.
Next year ask them to deduct TDS under section 194J.

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