Sec 44ada for director

ITR 1085 views 5 replies

Can a Director of a Pvt Ltd company getting Directors Remuneration after TDS u/s 194J @ 10% file ITR by using Presumptive Income u/s 44ADA?????????????

Replies (5)

Persons engaged in any of the following professions: • Legal • Medical • Engineering • Architecture • Accountancy • Technical consultancy • Interior decoration • Other notified professionals o Authorized representatives o Film Artists o Certain sports related persons o Company Secretaries and o Information technology can use 44ada

thanks for the reply,

but can you please explain under which category the directors fall?

depend for what services  Remuneration is given 

if professioanl charges then for such services bill 

has to be raise by directors 

If TDS is deducted under 194J, then consultancy fees are paid to director.

One can take professional others with main name.

Depending upon what type of services is given under that trade code you can file.

If TDS is under section 194j - fees for tech or professionals 

BTW is service tax paid if the director received more than 10 lakhs as fees. 


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