Itr-4s (44ad) v/s tds deducted u/s 194j

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THE ASSESSEE IS A MONEY COLLECTOR WORKED WITH A BANK. TDS HAS BEEN DEDUCTED BY THE BANK U/S 194J ON THE COMMISSION PAID TO HIM.

Q1: CAN WE TREAT THE ASSESSEE AS A PROFESSIONAL?

Q2: IF YES, WHICH CODE IS APPLICABLE UNDER "NATURE OF BUSINESS"?

Q3: CAN I FILE HIS ITR ON PRESUMPTIVE BASIS?

Replies (1)
1. Yes... You can.
2. U can use - 13018
3. Yes... U/s 44ada...


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