Scope for Opting Presumptive Taxation for Tuition

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20 Points Posted on 15 July 2024

Hi,

    I am an online tutor providing private tuition and my major source of income is from companies outside of India. Can I file an income tax return under the presumptive taxation scheme? And if so, should it be 44 AD or 44 ADA.

Thank You!

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On 15 July 2024 at 12:01 Report
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An online tutor with a Mechanical Engineering degree, teaching Physics and Math, inquired about using the presumptive taxation scheme for their income, particularly for earnings from companies outside India. They asked whether to use section 44AD or 44ADA. The response indicated that section 44ADA of the Income Tax Act is the appropriate route for their situation.

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SEO Sai Gr. Hosp.
44 Points Posted on 15 July 2024

What is your qualification? Is your profession falls within the ambit of specified profession u/s. 44AA IT(1) act?

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On 15 July 2024 at 12:20
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20 Points Posted on 15 July 2024
Hi, Thank you for your message. I have a B.E. in Mechanical Engineering and I provide tuition for Physics and Math.
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On 15 July 2024 at 13:11
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SEO Sai Gr. Hosp.
44 Points Posted on 15 July 2024
You can file ITR under sec. 44ADA IT act.
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On 15 July 2024 at 13:44
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20 Points Posted on 17 July 2024
Ok Sir, thank you for updating me.
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On 17 July 2024 at 09:55
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SEO Sai Gr. Hosp.
44 Points Posted on 17 July 2024
You are welcome.
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On 17 July 2024 at 10:12

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