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Doubt regarding section 44ada for foreign crypto contract salary

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mohit varshney

3 Points Posted on 06 March 2022

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.