PROFESSIONAL

Can an artist having income below 10 lakhs opt 44ADA?
Replies (5)

What type of Artist ?. 

Artist type :Painter

Section 44ADA  is  not  available  to painter  . He must be  film  artists . please  confirm  other also. 

NO for painter

as per section 44AA(1) this section provides that every person carrying on the legal , medical, engineering or architectural profession or accountancy or technical consultancy or interior decoration or any other profession notified by CBDT
NOTIFIED PEOFESSION - profession of authorized representative; the profession of film artist; the profession of company secretary; information technology professionals.

Pinter is not covered under specified professions
no you can opt for preasumptive scheme ...u/s 44ADA

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