section 44AD

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Student
349 Points Joined November 2009
labour contractor ITR @ 8% or 6% as case may me. can I go for it. it is rite or wrong, LABOUR CONTRACTOR does not comes under profession. it is rite ??
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On 21 March 2018 at 08:14 Report
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SEO Sai Gr. Hosp.
210651 Points Joined July 2016

Correct. Labour contract is not a profession, but can be assessed u/s. 44AD.

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On 21 March 2018 at 08:33
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Founder of IndiaITR.com
184 Points Joined December 2017
Yes, you can file ITR basis presumptive income of 8%. 6% is applicable if income is received via digital mode.
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On 21 March 2018 at 09:12


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