My income come under professional income (44ADA) or business income (44AD)

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36 Points Posted on 03 November 2022
Hi sir.., odoing construction civil services drawing work to other countries... My client turnover is 32,00,000 in fin yr 21-22 while i file his income tax return it will come under 44AD or 44ADA?
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On 03 November 2022 at 16:30 Report
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This discussion clarifies whether income from construction civil services and drawing work for international clients, with a turnover of ₹32,00,000, should be classified under Section 44AD (business income) or 44ADA (professional income) for presumptive taxation. The consensus is that professional services like drawing work would fall under Section 44ADA.

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SEO Sai Gr. Hosp.
212475 Points Posted on 03 November 2022

Its professional services, sec. 44ADA of IT act, would be applicable.

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On 03 November 2022 at 16:57
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52 Points Posted on 03 November 2022
Assuming you want to opt for presumptive taxation, 44ADA is applicable
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On 03 November 2022 at 22:09

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