TMI BlogSECTION 44ADA OF INCOME TAXX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir/Madam, One of my friends having following income during FY 2017-18 a) Pension from Govt of India 200000/- No TDS is deducted b) Ffixed retainership /professional fee received from an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... organisation ---400000/- TDS deducted under section 194J on monthly basis c) Interest Income from banks of FD ---100000/- TDS deducted under section 194 A FOR THE AY 2018-19 A) CAN he FI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... LE ITR-4 for claiming benefit of section 44 ADA of Income Tax Act in respect of his retainer ship fee. B) He is not having any expenses vouchers or maintaining books of accounts , can he show ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 50% of gross receipt of retainership fee as persumptive income as per provisions of section 44 ADA of income tax act C) Can he show other incomes i.e pension income and interest from bank in s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ame ITR-4 sugam form Please reply to A, B and C above - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = In my view it is not applicable. - SECTION 44ADA OF INCOME TAX - Query Started By: - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Arun Aggarwal Dated:- 2-6-2018 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... management - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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