Menu
44ad in case of individual
A proprietor is rendering software services and for him TDS is deducted under 194J as a professional.
Now should declare Presumptive tax @ 8% or @ 50%?
Replies (1)
Being professional services, can declare income under section 44ADA, profits being 50% or more.
Recent Threads
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
Related Threads
CAclubindia
