Dharmesh Parekh (Chartered Accountants) (44 Points)
07 September 2020A 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?
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 07 September 2020
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 07 September 2020
| Originally posted by : Dharmesh Parekh | ||
 |
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? |
 |
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
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 07 September 2020
| Originally posted by : Sagar Patel | ||
|
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
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