Hi,
1. I am a freelancer. I am only working in amazon mechanical turk. Amazon Mechanical Turk is a crowdsourcing Internet marketplace. My all earning credit in my bank account (indian rupees). which business code i need to select to declare my income under section 44ADA. Yearly Income 3,40,000.
2. I am also doing intraday trading.
f&o profit 7000 - turnover 13000.
Intraday equity loss 2300 - turnover 8500.
Shall i declare both turnover under section 44AD. Shall i declare 8% of turnover as a gross profit. Please clarify me sir.
CAclubindia
