Applicabilty of sec.44ad

hii friends..

i want to know that whether Sec.44AD is applicable for profession or not? and Making TV Programme and hand over to TV Channel is covered under bussiness or profession?

 

please answer my querries as soon as possible. and give suitable refrence in this regards.

 

Thanks 

CA Tarun makhija

Replies (3)

Section 2(36) Profession includes vocation i.e.., Activities of earning livelihood.. In your case Making TV programme falls u/s 28 as profession.. And sec 44AD is applicable to both business and profession.. This is completely based on my perspective,

Let the others state their views regarding this...

hi, section 44Ad of It act 1961 not applicable to profession.

In your case section 44AD will be applicable as u prepare program and had over to TV channel is one kind of sale.  When filling return of income you have to state MANUFACTURING INDUSTRY. You have to maintain profit @ 8% of sale and provision of Advance Tax will be applicable u/s 234B and U/s 234C.

I feel 44AD is not applicable only to specified professions listed under the act like CA architect doctor etc

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details