Repairing job work

ITR 945 views 4 replies

MY CLINT DOING REPAIRING JOBWORKS AND HIS TDS HASBEEN DEDUCTED UNDER U/S 194C, HIS GROSS RECEIPTS LESS THEN 9 LAC, NOW CAN I FILED ITR U/S 44AD OR NOT 

 

PLEASE CLEAR

Replies (4)
yes you can file return and declare total income u/s 44AD and claim refund

THANKS FOR REPLY 

I HAVE A CONFUSION WITH NEW SECTION 44ADA FOR PROFESSIONAL 

REPAIRING JOB WORK COVERED UNDER ENGINEERING AND ENGINEERING COVERED UNDER SECTION 44ADA WITH 50% PROFIT WHAT TO DO???

Tds has been deducted us 194C that is for contractors and not 194J. So file the return US 44AD.
Yes u can file your return u/s 44AD but you have to declare minimum income of Rs.72000/- (8% of Rs.900000/-) .


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