banner_ad

Am i eligible for 44ad or 44ada?

Tax queries 274 views 7 replies

I am a website developer and I have an office and 3 people work for me ( I am the proprietor). My total receipts are below 50 lakh. Am I eligible for 44AD or 44ADA? 

 

Thanks

Replies (7)

If proprietor technically qualified in same field...... Go for 44ADA....

Owning a business has nothing to do with your educational qualifications.

If your spedning money to make money i.e., you have operating costs, advetising costs, etc. you are a business.

A professonal is someone who just makes money by very little spending of money and for his time and skills only, whereas the business is where someone makes money by not just spenidng his time or skills, but a significant amount of money too.

Since you have 3 employees, an office and maybe have some other operating costs, you are a business and can opt for 44ad.

So if i have filed my ITR by showing myself as an individual, will that be treated wrong? 

You are technically qualified therefore you will come under the category of profession. You can file ITR- 4 (Apply Section - 44ADA) or ITR-3 its depend on you.

If you have sole proprietory business, Whatever ITR form (ITR-3 or ITR-4) will fill that will return of individual.

Dear Dhirajlal sir Can I have your contact number? I need to discuss few points. Please also tell me your consulting fee.

@ Anshu........ Sorry for that...... I have retired from  profession now. 

Well, I have just replied to your query recently posted on the same subject.

Actually, this year department has sent such notices to many such professionals......... 

The same codes were accepted till last year, but this year due to recent changes made in the nomenclature........ such notices have arose due to system glitch.

Just reply as said (u/s 44AD) without changing any other data....... It will get cleared....


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details