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!
CAclubindia
