Sec 44ad
This query is : Resolved
29 August 2019
Dear Team ,
As Someone earning income from service ( Not Sale of Product) and as per 26AS TDS Deducted by parties U/s 194J and 194C and professional service also not covered U/s 44AA .
so can we use SEC 44AD for Income calculation or we need to go normal provision of income tax.
As Someone earning income from service ( Not Sale of Product) and as per 26AS TDS Deducted by parties U/s 194J and 194C and professional service also not covered U/s 44AA .
so can we use SEC 44AD for Income calculation or we need to go normal provision of income tax.
29 August 2019
you can opt for 44AD unless otherwise it is specifically banned u/s 44AD.Merely because TDS is done u/s 194 J or 194 C does not bar the assessee to file the return u/s 44AD
29 August 2019
Yes you can file ITR u/s 44AD
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