Taxation of ad revenue

under which head of income - income from advertising is taxed in hand of cricketer, film stars etc
Replies (4)
Quick Summary
This discussion clarifies how income generated from advertising is taxed for high-profile individuals like cricketers and film stars. It differentiates between income from a profession and profits and gains from business or profession (PGBP). It also touches upon the potential eligibility for presumptive taxation under Section 44ADA for professional income below £50,000.

Income from professional
Income from PGBP
He is generally not earning salary.
profits and gains from business and profession.
Profession income eligible for 44ADA if it is below 50Lakhs

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