44ADA

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A tax consultant just B Com is covered under 44ADA ?
If not he/she can show profit below 50% of Gross Receipt ?
Replies (6)

No Can not covered under 44ADA , its for  professionals .

Profession of Accountancy means ? CA
if he was approved as sales tax professional or income tax professional by respective laws, he can opt for 44ADA
ok thanks

Mr krishnan  please let me know where it is mentioned  that sales tax and Income tax profeesionals approved by laws are covered under 44ADA ?.

at Prasad sir... where it has been mentioned that commerce graduates are not professionals? asking out of academic interests


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