Scope for Opting Presumptive Taxation for Tuition

Hi,

    I am an online tutor providing private tuition and my major source of income is from companies outside of India. Can I file an income tax return under the presumptive taxation scheme? And if so, should it be 44 AD or 44 ADA.

Thank You!

Replies (5)
Quick Summary
An online tutor with a Mechanical Engineering degree, teaching Physics and Math, inquired about using the presumptive taxation scheme for their income, particularly for earnings from companies outside India. They asked whether to use section 44AD or 44ADA. The response indicated that section 44ADA of the Income Tax Act is the appropriate route for their situation.

What is your qualification? Is your profession falls within the ambit of specified profession u/s. 44AA IT(1) act?

Hi, Thank you for your message. I have a B.E. in Mechanical Engineering and I provide tuition for Physics and Math.
You can file ITR under sec. 44ADA IT act.
Ok Sir, thank you for updating me.
You are welcome.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register