Hello there members,
I'm curious to know whether I will be able to shown my foreign income under 44AD.
I'm purely a Resident of India and my work is entirely WFM since from the inception of this work.
Let me briefly explain. I'm getting paid per hour basis for the services I render on the supply chain operations. We don't have any employment contract. Every month they pay me for the hours I've worked in USD. Also there is no TDS or tax being with held from my pay at their end.
Since there is no employer and employee relation here, can I consider myself as a freelancer and consider it under 44AD?
CAclubindia
