Can we file return for a sportsperson under 44AD presumptive income ?
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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
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