Income tax under 44AD

I am an online educator and my company has provided my earnings by deducting TDS under 194JB. 
So should I file ITR under 115BAC (New Tax Regime)?

Also under the head of Income u/s 44AD, what percentage should I consider for showing as income. Should we consider 50% or 30% or is there any standard recommendation to be followed. 

pls guide. 

Replies (5)
Quick Summary
An online educator is seeking guidance on filing their income tax return under the new tax regime (115BAC) after TDS was deducted under section 194JB. They are unsure about the appropriate presumptive income percentage to declare under section 44AD, with queries around 50%, 30%, 8%, or 6%. Advice suggests that TDS under 194JB may prevent the use of 44AD with the lower profit margins, and a suggested 30% income declaration might lead to a defective return.

1. Yes, you can file ITR 4 u/s. 44ADA IT act, with minimum 50 % profit.
Thank you for your prompt help sir. I have also read that 8% & 6% can also be shown under cash and bank generated income respectively. Am I eligible to do in that way also..?
As your TDs deduction is u/s. 194JB, you cannot opt for sec. 44AD where 6/8% profit margins are allowed.
Thank you sir for your advise. My auditor suggested me to consider 30% as income, in place of 50% as you mentioned above, as my overall taxable income was slightly crossing the tax slab. Would it be fine to consider 30% this way?
I would not agree to it as the TDS section 194Jb will not allow it, The return will be defective.

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