44ada doubt
VIPIN GUPTA (ARTICLE) (41 Points)
12 April 2017A person (doctor) receiving salary as professional income u/s 194j can file return
u/s 44ada i.e. on 50% of total salart received.
assume monthly salary 200000
VIPIN GUPTA (ARTICLE) (41 Points)
12 April 2017
Sumeet
(CA)
(537 Points)
Replied 12 April 2017
Dhruv
(Chartered Accountant)
(308 Points)
Replied 12 April 2017
Hi Vipin
Assuming he has received that income and was liable for deduction u/s 194J then yes you can use 44ADA.
Sumeet is right that if it is salary, then it has to be salary return and you can't use 44ADA and professional income, then 44ADA.
Dhruv
CA CMA Sagar Jaiswal
(Finance professional)
(665 Points)
Replied 12 April 2017
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)