Can we file return for a sportsperson under 44AD presumptive income ?
Menu
44ad presumptive taxation for sportsperson
Replies (4)
I think sprtsperson is in receipt of salary or awards so 44 AD is not required.
44AD is required only when one has business income
Income is in the way of retainership and match fee. It is not salary
Yes, so its income from other source.
If he shows match fees received as business income then yes you may claim 44AD
Recent Threads
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
Related Threads
CAclubindia
