Presumptive income.

145 views 6 replies

3 Points Joined March 2020

I'm a Artist,Painting sold by me,can I filed my return under presumptive income u/s 44Ada?

Replies (6)

Guest

Artists are not eleigible professionals to take benefit of Sec 44ADA

Chartered Accountant

12739 Points Joined December 2016

you can not file return u/s 44ADA

Film Artist is eligible BUT artist is NOT eligible

Guest

So bhavesh If you can become film artist then you will be eligible to take benefit u/s 44ADA
LOLz

3 Points Joined March 2020

I have not maintained books of accounts so how can I compute my income from business.

Guest

You can take the benefit of Presumptive income under Sec 44AD

Chartered Accountant

12739 Points Joined December 2016

Originally posted by : Bhavesh Parmar
	I have not maintained books of accounts so how can I compute my income from business.

via BANK statement and 26AS .

You have to calculate the income

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