I'm a Architect cum Interior Designer, My Total Income is 16 Lakhs, i Dont have a Gst, and out of 16 Lakhs, I have received 12 Lakhs in cash, am i eligible to file under 44ADA? Do I need GST Registration?
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Under 44ADA
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An Architect/Interior Designer with ₹16 lakh receipts (even with high cash component) can legally opt for Section 44ADA, declare 50% presumptive income, and need not take GST registration as long as turnover stays below ₹20 lakh. However, high cash receipts demand strong documentation and caution to avoid income-tax scrutiny.
If you want, I can also:
An architecture/interior Designer are professional Services it can be declare in 44ADA presumptive income minimum 50%.
GST Threshold limit of Services Rs.20Lakh therefore no need to take GST Registration.
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