I'm a violinist. I teach my students and collect fees from them also & i have been receiving money from concerts and functions. so am i eligible for both 44ad &44ada?
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Quick Summary
This discussion clarifies tax eligibility for violinists. It addresses whether artists earning from both teaching fees and performance income can claim benefits under both Section 44AD and Section 44ADA of the Income Tax Act. The consensus is that such artists typically fall under Section 44ADA.