Menu
Income Head from Rapido
Income from Rapido Bike Taxi & Food delivery service provided by Rapido driver , taxable under which Income head
Replies (6)
Quick Summary
File itr4, show it as professional services in 44ada
It is not a specified profession as per section 44AA, hence it cannot be shown as professional service under section 44ADA. You can consider it as a business and show it under section 44AD. If salary is received then can show it under Salaries.
@ kev Men Thank you
There is no fixed income.
Payments are done as per completed order after deducting there platform charges
Can I show as IFOS ?
There is no fixed income.
Payments are done as per completed order after deducting there platform charges
Can I show as IFOS ?
It seems that the nature of service being a driver is full time basis i.e primary source of income. Hence it is advisable to show it as a business instead of IFOS.
Yes show as a business. and you may opt for 44ad for convenience
Thank you all Dear Senior for your valuable reply
Recent Topics :
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
Related Topics :
CAclubindia
