Judgement

 ITAT Upholds Taxation of Academic Consultancy Income under Section 44ADA 

The ITAT remanded a scrutiny assessment case to the AO for fresh verification of alleged discrepancies between GST turnover and professional receipts declared under Section 44ADA.

Consultancy Professional Faced Income Tax Addition Over GST Turnover Mismatch; ITAT Orders Fresh Review, Noting Rental Income might be Mistaken as Professional Receipts

ITAT Delhi Holds Chartered Accountant Partner Can Opt for Section 44ADA on Firm Remuneration

Partner’s Remuneration Eligible for Presumptive Taxation Under Section 44ADA

ITAT held that remuneration received by a working CA partner is eligible for presumptive taxation under Section 44ADA, even if the professional activity is carried out through a partnership firm.

Section 44ADA Benefit Cannot Be Denied to CA Merely for Being a Partner: Rules ITAT

Articles

Section 44ADA allows professionals to declare income on a presumptive basis without maintaining detailed books of accounts.

Presumptive Taxation for Professionals Under Section 44ADA: Know Eligibility and Turnover Limit

Just opting for the presumptive scheme is not enough to get relief; your declared income must match spending and banking activity.

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ITAT Upholds Taxation of Academic Consultancy Income under Section 44ADA

Consultancy Professional Faced Income Tax Addition Over GST Turnover Mismatch; ITAT Orders Fresh Review, Noting Rental Income might be Mistaken as Professional Receipts

Partner’s Remuneration Eligible for Presumptive Taxation Under Section 44ADA

Section 44ADA Benefit Cannot Be Denied to CA Merely for Being a Partner: Rules ITAT

Presumptive Taxation for Professionals Under Section 44ADA: Know Eligibility and Turnover Limit

Are Section 44AD and Section 44ADA Safe heaven from Income Tax Scrutiny?