Investment Income as Business Income for Sec. 44ADA

Dear Professional Colleagues, your esteemed opinion is sought in the following case: A finance professional and owner of a proprietorship firm has fixed income from investments in FDs, bonds, and Capital Gains. This income is declared in ITR3 as an individual under Income from Other Sources and Capital Gains.

In future, can the investment income be declared as proprietorship business income, with application of the provisions of presumptive taxation u/s 44ADA? Does investment income qualify as professional income u/s 44ADA?

Thank you in advance for your response.

Replies (1)

No. The investment income cannot be declared under presumtive assessment. Practically it is costly affair as the redemption amount, if treated as turnover, the profit margin would be very high.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details