Wether Youtuber can opt for 44ADA

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This query is : Resolved

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This discussion clarifies whether YouTubers can utilise Section 44ADA, a presumptive income scheme for specified professionals. The consensus is that YouTubers are not considered specified professionals under Section 44AA, thus disqualifying them from Section 44ADA. The conversation then explores if Section 44AD, an 'eligible business' scheme, might be a viable alternative.

RAJESH KUMAR

RAJESH KUMAR (Querist)
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26 March 2021 Respected professional colleagues

Please advise with concrete ground whether youtuber can opt for 44ada .

Thanks in advance

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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26 March 2021 youtuber is not a specified professional u/s 44AA therefore he cannot opt for 44ADA which is a presumptive income scheme for professionals specified u/s 44AA.

RAJESH KUMAR

RAJESH KUMAR (Querist)
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26 March 2021 Thanks Abhishek ji
so in this case he can opt for 44ad right ?