Menu
Internship- business?
My friend has joined an IT Company as an intern. his stipend was considered as professional payment and TDS u/s 194J was deducted. Should he file ITR 3? Can he go in for 44 AD
Replies (2)
He can file ITR 4 u/s. 44ADA.
File ITR4 under 44ADA.
Minimum 50% of stipend income is required to be presumed as your income. you can show more than 50%.
Minimum 50% of stipend income is required to be presumed as your income. you can show more than 50%.
Recent Topics :
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
CAclubindia
