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Employee recd salary & fees for prof.services from same company

ajit agrawal (student) (82 Points)

13 September 2021  
My income
1. Salary u/s- 192 565000/-,
2. Fees u/s- 194jb 80000/-,
both from same company.
can i offer 194jb income 40000 as 50% of 80000 u/s - 44ADA ?

 1 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (107951 Points)
Replied 13 September 2021

Yes, provided the professional services offered by employee be as per sec. 44AA(1).

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