Astrology service under 44AD
Ruturaj (Article) (120 Points)
16 September 2019
Can a person providing astrology service declare income under 44AD or 44ADA?
15 Replies
GST Consultant
(Tax Consultant)
(894 Points)
Replied 16 September 2019
Declare income under section 44AD
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 16 September 2019
As per my view astrology income is under 44ADA...
Kapadia Pravin
(17264 Points)
Replied 16 September 2019
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.
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 17 September 2019
Https://indiankanoon.org/doc/1002317/
Ruturaj
(Article)
(120 Points)
Replied 17 September 2019
Astrology service being a service & not business
can it still declare income under 44AD?
can it still declare income under 44AD?
Kapadia Pravin
(17264 Points)
Replied 17 September 2019
@ 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 ".
Ruturaj
(Article)
(120 Points)
Replied 17 September 2019
Oki
Thank you everyone for your help & guidance
Thank you everyone for your help & guidance
Durgesh Mourya
(219 Points)
Replied 15 October 2019
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.
Kalyan Biswas
(2 Points)
Replied 11 January 2021
Astrology profession code... consultation as u/c 44 AD.... tradings others gemstone)..code 204...
Ritik Chopra
(student)
(8133 Points)
Replied 16 April 2021
Astrology is not covered under the specified professions for section 44ADA. So it would be covered u/s 44AD
Amit Kumar Saxena
(GST and Income Tax Practitioner)
(26 Points)
Replied 13 September 2021
Astrological activities under 44AD in Code 21006
Rupesh Srivastava
(Business)
(2392 Points)
Replied 27 January 2022
We can also refer [TS-5036-HC-2014(KERALA)-O] holds amounts received for prediction, assessable as business income
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