-Yes you can
- For IT services there is no specific head so you can claim it under the head other professional services.
Income tax return filing (ITR 4)
I filing tax return for the first time,i currently working as Search engine evaluator(similar to search engine optimizer job),its a work from home kind of job. income i receive is from USA,in my indian bank account in indian currency and i am a permanent resident,and don't have to travel out of the country for this job related service. Can i file ITR4 in this case. if yes, which business code should i use for this job under income from profession section(44ADA)? Thank you in advance
Asked 5 years ago in Income Tax
I would like to add,its a freelance kind of job.
Asked 5 years ago
What is your total income?
Is it above the maximum limit chargeable to tax i.e. 250000.
I think 14010 would be suitable for you.
We need to discuss about your income and other income earned by you during the year and your expenses.
If you need any help in filing ITR do let me know, you can have a phone conversation.
Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.
Thank you
yes my income is around 670000. 14010 comes under business list. mine is kind of a job,so under professional income section there is no above said business code. the other available one is "other IT related Services" is that suitable?
Asked 5 years ago
Hi,
Yes, you can opt for ITR 4 filing.
IT related service is a good option to go for showing Income under the head profession (44ADA)
Thanks
Damini
You are providing kind of job work or is it a complete profession?
If it's kind of job work then it would come under 14010 and you can file 44AD but it's complete profession then you need to choose other professional service i.e. 16019.
Thank you
Dear Sir,
Hope you are doing well !!
- Yes, You can file ITR 4.
-Opt the code-Other professional service.
As per the nature of services provided by you, please choose the appropriate code:
14010-Job Work-44AD
16019-Other professional income-44ADA
Your is definitely other IT related services
Yes, you can opt for section 44ADA and file itr4. Your services seems similar to IT services.
Yes, you can select other IT related services.
You can claim the benefit u/s 44ADA as it is a specialised job.
Hi,
Yes, you can file itr 4 under the code 16019-Section 44ADA.
Hi
Yes ,"other IT related service" is suitable in your case.
Hope it helps
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