Sec.44ad latest proposals.can i make use of this section?

I am into online marketing earning revenue through website advertisements.IN the latest bugets it has been proposed to amed the Sec.44AD, which i used for A.Y 2011-12 to pay & file taxes.

As per the latest clause, it says 'persons earning income in the nature of commission or brokerage income;' cannot make sue of this sec.44AD

I looked at my Form 26AS & some companies which paid me have chosen the following heads for TDS deduction

1) 194C (Payments to contractors and sub-contractors)  2) 1 company has chosen 194H (Commission or brokerage)

For the A.Y 2012-13, Can i file the returns under Sec.44 AD

Please guide me..

Replies (2)

As you are into online marketing through website industry, TDS on the payment made to you, should be deducted under sec194C.

As per the amendment Sec 44AD will not be applicable to any person earning income in the nature of brokerage and commission and any other profession and agency business.

You are not covered in either of non-applicability clause and hence SEc 44AD will be applicable to you. 

Originally posted by : Sonam Bidasaria
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As you are into online marketing through website industry, TDS on the payment made to you, should be deducted under sec194C.

As per the amendment Sec 44AD will not be applicable to any person earning income in the nature of brokerage and commission and any other profession and agency business.

You are not covered in either of non-applicability clause and hence SEc 44AD will be applicable to you. 
[Image]

Thanks Sonam Bidasaria.But a few clarifications here.

4 companies have paid me this A.Y & 3 of them have chosen sec.194C while deducting TDS but 1 company has chosen 194H (Commission or brokerage)

Still am i eligible to file under Sec.44 AD or the one company which dposited under sec.194H will make me ineligible?

The amount depositd under Sec.194H was Rs.15167
 

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