A PERSON IS PG DIPLOMA IN BUSINESS MANAGEMENT AND IS SELF EMPLOYED AND DOING CONSULTANCY FOR MARKETING - CAN HE BE CONSIDERED UNDER 44ADA PRESUMPTIVE TAXATION FOR PROFESSIONALS?
A PERSON IS PG DIPLOMA IN BUSINESS MANAGEMENT AND IS SELF EMPLOYED AND DOING CONSULTANCY FOR MARKETING - CAN HE BE CONSIDERED UNDER 44ADA PRESUMPTIVE TAXATION FOR PROFESSIONALS?
| Originally posted by : Dharmesh Parekh | ||
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A PERSON IS PG DIPLOMA IN BUSINESS MANAGEMENT AND IS SELF EMPLOYED AND DOING CONSULTANCY FOR MARKETING - CAN HE BE CONSIDERED UNDER 44ADA PRESUMPTIVE TAXATION FOR PROFESSIONALS? |
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He is not eligible because he is not cover in the notified list as issued by CBDT related to other Profession
Other Profession
1- Representative
2- CS
3- Profession of IT
| Originally posted by : Sagar Patel | ||
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Yes, He can take benifit of Section. 44ADA as Providing Professional Services as Business and management consultancy activities or other professionals services. | |
Respected Sagar Ji
According to me he is not eligible
If i am wrong than kindly explain me with the provision of Section
Thanks with Regards
Ravi SADhiyan
Aggarwal Sarawagi and Co
New Delhi
CA
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Karia Overseas
Ahmedabad
CA
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CAclubindia
