Menu
44 ada
Can we declare commission from LIC under sec 44 ADA for AY 2017-18
Replies (7)
No...... Commission income is not professional income as per Sec. 44AA(1)
Thank You Sir !!
It means i have to file ITR 3 and fill P&L and Balance Sheet
Yes..... dear.......
are chef's taxed as professionals under sec 44ADA ???
@ Archana::: No............
This section 44ADA is applicable to professionals covered under section 44 AA (1) which includes, every person carrying on legal, medical, engineering, architecture, profession of accountancy, technical consultancy, interior decoration, profession of authorized representative, all film artists (such as actor, director, music director etc.) etc. Maintenance of books of accounts is mandatory for all such professionals.
So does it include any professional chef who is a judge in programs.
So does it include any professional chef who is a judge in programs.
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
