Hi All, I am a freelance IT recruiter who has provided consultation services to one company in the last financial year. Total fees paid to me by the company is less than 10 lakhs. They have also deducted 10% TDS on the payments made. As per 26 AS, the payments made are under 194JB. Does this income qualify under 44ADA? Also can I use the code '16013-Business and management consultancy activities'? Thanks much for any help!
Menu
Is 44ADA Applicable for Freelance IT Recruiter
Replies (1)
Yes, you are correct in your approach.
Please check your inbox for further details.
Please check your inbox for further details.
Recent Threads
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responcible to pay GST Liability (If Servi
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
Related Threads
CAclubindia
