Sir/ Madam ,
For Andromeda Agents income , Can we decalre above income under 44ADA or 44AD, or any other heads
1 Replies
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7726 Points)
Replied 14 May 2025
Presumptive Taxation Sections -
*Regular Books of Accounts*: If the business doesn't fit into the presumptive taxation sections or prefers not to use them, regular books of accounts can be maintained to calculate the taxable income. Recommendations -
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