Hello All
Please Suggest me on right way to filing ITR for Cinematographer ( freelancer ) .... As I m filing under Presumptive taxation scheme sec.44ADA ( 50% OF TOTAL INCOME ) , Annual Income is below 10lac.
am I doing right thing or I have to file as per section 44AA ( maintaining books of account ) ... Please Suggest
File ITR 3 and claim expenses. If you file under presumptive tax then you have to declare 50 percent profit. may contact me for clarification. CA umesh kumar- 9717597230
sir, can we file ITR u/s 44AD by showing 8% income, as online ITR form also shows Cinematography as nature of business u/s 44ad instead of 44ADA.
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