Hello,
My mother is running a business with a customer based out of Dubai.
She does health related services for all its employees who are based out of India. These are services like yoga classes, and other well being services.
Her source of income is monthly remittance from this customer to her bank account in India.
Her overall income for the last financial year is Rs 12 lakhs. Money is credited in Indian rupees.
Now for her tax filing, I am thinking about capturing this income in "Presumptive Income Under Section 44ADA"
Can you help me validate if this is the right of capturing the details? Also, I see that there are several options to select the nature of business under this section and I am not sure which one I should be selecting.
Really appreciate your response.
Thanks and regards
Pradeep
CAclubindia
