Hello All,
My client is engaged in the business of recruitment consultancy. Can you pkease let me know if he can take the benefit of presumptive taxation u/s 44AD. He shortlists candidates based on the recuirement of the client . In case the client selects the candidates sent by him he is given a percentage of the CTC of the candidate as consultancy fees.
I THINK YOUR CLIENT IS NOT ELIGIBLE BUT I M NOT SURE
section 44ad will not be applicable.
it is deemed as consultant,
special skills required for recruitment.
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
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CCI
Pro
CAclubindia
