44ADA applicability

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..... If an assessee, being an engineer, has earned professional income u/s 194J from a single party and his total expenses towards earning are almost negligible, wants to take benefit of Section 44ADA .....

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..... i.e. showing only 50% of income. Will he be allowed to take the benefit of Section 44ADA ? If yes, please explain. - Reply By RAHUL GAIKWAD - The Reply = WHAT EXPLANATION DO U WANT.? BECAUSE SEC .....

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..... 44ADA CLEARLY TELLS US THAT NO NEED TO MAINTAIN BOOKS JUST YOU WANT DO DECLARE INCOME ABOVE 50% OF TURNOVER. - Reply By JIGAR SHAH - The Reply = Dear Mr Rahul, Thank you for the response towards .....

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..... the query. - 44ADA applicability - Query Started By: - JIGAR SHAH Dated:- 3-4-2019 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal .....

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..... opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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