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Profession of accountancy under section 44ada

Tax queries 672 views 3 replies

Dear Experts,

 

Is there any qualification required for declaring profits under section 44ADA under the profession of accountancy?

 

If an assessee does review of books of accounts and receives professional income with TDS deducted under section 194J, can he claim profit under section 44ADA as an accounting professional?

Replies (3)
Yes...
Qualification required if we are avail / declare u/s 44ada for the income from Accountancy...

Dear Expert,

 

I request you to please specify the qualification required for the profession of accountancy

only CA in practice can be considered as in the profession of accountancy. Not even CS in practice can be considered as in the profession of accountancy.


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