TMI Blog2023 (10) TMI 130X X X X Extracts X X X X X X X X Extracts X X X X ..... qua stamp duty and registration - AO/CPC added the income @50% u/s 44 ADA of the Act, which resulted into making the addition - HELD THAT:- As both the authorities below applied the provisions of section 44ADA of the Act, which in fact deals with persons carrying on legal, medical, engineering or architectural profession or profession of accountancy, technical consultancy or interior decoration ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... endra Singh, Ld. CA For the Respondent : Sh. Naganath B. Pasale, Ld.DR ORDER PER: N.K. CHOUDHRY, JM This appeal has been preferred by the Assessee against the order dated 07.03.2023 impugned herein passed by the learned Commissioner of Income Tax/National Faceless Appeal Centre, Delhi (NFAC) (in short ld. Commissioner) under section 250 of the Income Tax Act, 1961 (in short th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... related to professional and technical services and is covered under section 44ADA of the Act and therefore taxable @50%. The Ld. Commissioner ultimately computed the total income of the Assessee to the tune of Rs. 2,68,640/- (2,40,640/- + 27,982/- @8% of Rs. 3,49,500/-) and restricted the income of Rs. 3,49,500/- u/s 139(1) of the Act to the tune of Rs. 2,68,602/- only. 4. The Assessee being ag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /matriculation passed and do not have any qualification to act as a legal, medical, engineering or architectural professional or professional accountancy or technical consultancy of interior decoration or any other profession as is notified by the Board in the official gazette, as prescribed under section 44AA of the Act. As the Assessee s case does not fall under the provisions of section 44ADA o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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