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Presumptive income.

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3 Points Posted on 24 March 2020
I'm a Artist,Painting sold by me,can I filed my return under presumptive income u/s 44Ada?
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On 24 March 2020 at 17:27 Report
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Artists are not eleigible professionals to take benefit of Sec 44ADA
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On 24 March 2020 at 19:34
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Chartered Accountant
12739 Points Posted on 24 March 2020

you can not file return u/s 44ADA

Film Artist is eligible BUT artist is NOT eligible 

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On 24 March 2020 at 19:45
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So bhavesh If you can become film artist then you will be eligible to take benefit u/s 44ADA
LOLz
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On 24 March 2020 at 19:53
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3 Points Posted on 24 March 2020
I have not maintained books of accounts so how can I compute my income from business.
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On 24 March 2020 at 19:55
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You can take the benefit of Presumptive income under Sec 44AD
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On 24 March 2020 at 19:56
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Chartered Accountant
12739 Points Posted on 24 March 2020
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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On 24 March 2020 at 20:06


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