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My client teaching online through a online platform. Receiving receipts after tds u/s 194J whether it is covered u/s 44AD or 44ADA
Replies (4)
Quick Summary
Teaching is not covered under 44AA(1) to treat the same as 'profession'. In such case whether TDS is applicable u/s.194J? Experts may throw some light in this regard with proper explanation.
Covered under 44AD
Teaching is not a specified profession as per 44AA(1), hence u can go with 44AD.
An online tutor receiving TDS u/s 194J cannot use Section 44ADA because teaching is not a notified profession; instead, they should evaluate reporting under Section 44AD as a business income stream, leveraging the lower 6% presumptive tax rate for digital transactions while successfully claiming credit for the deducted TDS.
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