44ADA for director fees.

What do you mean by sitting fees ?

R u talking abt his salary

I am talking about sitting fees

I am unable to get u.....
The Director never gets a sitting fees... he gets salary, remuneration, honorarium
So plz be specific

Eligible to take advantage of the presumptive taxation scheme of section 44ADA :

​​​​The presumptive taxation scheme of sections 44ADA​ can be adopted by a person resident in India, carrying on specified profession whose gross receipts do not exceed fifty lakh rupees in a financial year. Following professions are specified profession:

1) Legal​
2) Medical
3) Engineering or architectural
4) Accountancy
5) Technical consultancy
6) Interior decoration
7) Any other profession as notified by CBDT....


The Sitting fees under anyone of the above said profession then the Director ll be avail the benefits.. Otherwise He can avail Sec 44AD...!