Doubt regarding section 44ada for foreign crypto contract salary

Hi Sir,

 

I have doubt regarding section 44ada for foreign crypto contract salary which is part time income , in addition to the full time employment based in india.

1- will that part time crypto income be a part of section 44ada.

2-which ITR will be applicable to both type of income

Any help will be highly appreciated

Thanks


 

Replies (2)
Quick Summary
This discussion seeks clarification on applying Section 44ADA to part-time income earned from foreign crypto contracts, especially when you have full-time employment in India. The user is asking if this foreign crypto income qualifies for Section 44ADA and which Income Tax Return (ITR) form would be appropriate for declaring both income sources. Guidance is also requested on TDS deductions for this part-time income.

Need check under which section tds is deducted for part time income..

If Tds deducted under section 194J then you may use 44ADA through ITR-4

no tds will be deducted from source as foreign employer is registered in non-taxable country

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