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Software related services by a firm is eligible for Section 44AD
Software and Other IT related services are eligible for Sec 44AD. As ITR form 4 does not have business code for such services...
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Whether you maintain books of accounts at 8% profit of turnover??
But as It related services are kind of professional services you should kindly check the matter in income tax portal or you should search for "others" business code category in ITR 4 form and mention the business activities
But as It related services are kind of professional services you should kindly check the matter in income tax portal or you should search for "others" business code category in ITR 4 form and mention the business activities
Do you got royalities
Actually 44ADA is applicable for such services
Actually sec 44AD mainly related to goods business. it is not applicable on service business. no presumptive option and normal rule apply.
What is such services are provided by Firm
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