Applicability of section 44ADA to a full time employee and part time consultant
This query is : Resolved
24 July 2023
Can a full time salaried employee, who has also just begun to do occasional (there is only one such receipt for PY) part time consultancy work (engineering design & services) opt for presumptive taxation for his professional fees?
24 July 2023
Yes, file ITR 4.
No restriction in IT act, check his employer's terms.
No restriction in IT act, check his employer's terms.
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13 September 2024
Good luck.
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