44AD or 44ADA

Raj Thakkar (ARTICLE) (382 Points)

16 August 2018

If an assesse is doing tailoring work and wants to disclose his income on presumptive basis then under which section he can do so? 44AD or 44ADA?

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6 Replies

Neelam Chawla (40 Points)
Replied 16 August 2018

tailoring work not cover under 44ADA so either go for 44AD or choose ITR 3 and do filing under no account case.

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Raj Thakkar (ARTICLE) (382 Points)
Replied 16 August 2018

Thank you mam for your reply...

Deepika Yadav (561 Points)
Replied 16 August 2018

You can go with 44 AD

Raj Thakkar (ARTICLE) (382 Points)
Replied 16 August 2018

Thank you very much to both of you....

MURALIDOSS (INCOME TAX PRACTITIONER) (1329 Points)
Replied 16 August 2018

In 44ADA which profession need to declare.

Neelam Chawla (40 Points)
Replied 16 August 2018

profession defined under income tax act are eligible for filing u/s 44ADA

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