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Astrology service under 44AD
Can a person providing astrology service declare income under 44AD or 44ADA?
Replies (15)
Declare income under section 44AD
As per my view astrology income is under 44ADA...
Only specified professions are eligible for 44ADA.
Rest all commonly called Professions fall under other Professional Services under 44AD.
Rest all commonly called Professions fall under other Professional Services under 44AD.
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Astrology service being a service & not business
can it still declare income under 44AD?
can it still declare income under 44AD?
| Originally posted by : Ruturaj | ||
 |
Astrology service being a service & not businesscan it still declare income under 44AD? |  |
No... It's not under sec 44AD. It's declare u/s 44ADA...
@ Ruturaj
With due respect , Astrology is not specified profession to qualify under 44ADA.
44AD is for business and services both and there is code also for "Other Professional Services ".
With due respect , Astrology is not specified profession to qualify under 44ADA.
44AD is for business and services both and there is code also for "Other Professional Services ".
Oki
Thank you everyone for your help & guidance
Thank you everyone for your help & guidance
Simple Answer is within ITR Form & Code.
Just See listing there, if your Business is under that list, then You can File ITR under u/s 44AD.
& Astrology is under that list, so Astrology Service of Any Kind is under 44AD.
Beware of those who don't know Proper Knowledge of Law.
Thank you so much Mr. Durgesh Mourya
Astrology profession code... consultation as u/c 44 AD.... tradings others gemstone)..code 204...
Astrology is not covered under the specified professions for section 44ADA. So it would be covered u/s 44AD
Astrological activities under 44AD in Code 21006
We can also refer [TS-5036-HC-2014(KERALA)-O] holds amounts received for prediction, assessable as business income
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