IS 44ADA AVAILABLE

Ganesan B (EXECUTIVE IN NBFC) (100 Points)

30 July 2021  

For FY 20-21, I have

1. Salary Income for 8 months (TDS deducted u/s 192) &

2. Retainer Fee for 4 months (TDS deducted u/s 194JB)

3.  Interest on deposits with private (TDS deducted u/s 194A)

 

For the retainer fee, can I claim 50% under 44ADA and file my return using ITR 4.

Please suggest