Income Tax for Director & Technical Consultant
This query is : Resolved
01 October 2019
Can you please help me with below query:
Being a Director of Pvt. Limited Company, I am working as a Technical Consultant. May I withdraw my payment as Professional Income and claim Presumptive Taxation @ 50% for Professionals under Section 44ADA?
Being a Director of Pvt. Limited Company, I am working as a Technical Consultant. May I withdraw my payment as Professional Income and claim Presumptive Taxation @ 50% for Professionals under Section 44ADA?
02 October 2019
Yes, You are eligible to do so.
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