Section 44DA

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42 Points Posted on 22 November 2020
brokarage income under 44DA PRESUMPTUVE INCOME OR NOT.
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On 22 November 2020 at 12:24 Report
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This discussion clarifies that brokerage income cannot be taxed under Section 44AD. Instead, individuals dealing with brokerage income must file under ITR 3. The presumptive income scheme under Section 44DA is not applicable in this scenario.

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Tax consultant
5895 Points Posted on 22 November 2020
No you can't
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On 22 November 2020 at 13:31
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Accountant
3662 Points Posted on 22 November 2020
You can not show income under section 44AD

you can file ITR 3
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On 22 November 2020 at 15:42

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