banner_ad

Section 44AD/ADA

304 views 6 replies
User Avatar

Student
101 Points Posted on 26 April 2018
In case of salaried employee, opting to decalre income under presumptive taxation, in which section he is eligible to declare income ?
Reply Share Follow
On 26 April 2018 at 17:16 Report
Replies (6)
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 26 April 2018
Please elaborate your query once again...

Your income is from Salary or Salary and Business...?
463 Reply
On 26 April 2018 at 17:48
User Avatar

Student
101 Points Posted on 26 April 2018
salaryonly
Reply
On 26 April 2018 at 17:50
User Avatar

student
5205 Points Posted on 26 April 2018

salary in not business so no 44AD/ADA 

8 Reply
On 26 April 2018 at 18:24
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 26 April 2018
If Your income earned from Salary then it's not covered under Business head...
So, sec 44AD or 44ADA is not applicable.
463 Reply
On 26 April 2018 at 19:53
User Avatar

CA
273 Points Posted on 27 April 2018
Section 44AD is available only on business income and 44ADA for professional income
1 Reply
On 27 April 2018 at 08:56
User Avatar

Student
101 Points Posted on 27 April 2018
right, he is neither doing business nor giving services in his professional capacity, he will pay tax as per slab rates
Reply
On 27 April 2018 at 10:18


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details