In FY 2020-21, till December 2020 I was getting professional fees and i used to take benefit of 44ADA
However, from February 2021 I switched my company and I am a salaried person now
How will I compute my tax liability now.
Can I still take benefit of 44ADA?
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Taxation in case of job change
Replies (2)
Quick Summary
No you cannot claim benefit under section 44ADA as you are not carrying any eligible profession. you will now be covered under normal salary provisions and claim standard deduction along with other deductions under 80c to 80u
Okay thanks
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