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My income come under professional income (44ADA) or business income (44AD)
Hi sir.., odoing construction civil services drawing work to other countries... My client turnover is 32,00,000 in fin yr 21-22 while i file his income tax return it will come under 44AD or 44ADA?
Replies (2)
Its professional services, sec. 44ADA of IT act, would be applicable.
Assuming you want to opt for presumptive taxation, 44ADA is applicable
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