Can section 44ada applicable for income from google adsense. Presumptive income tax for professionals where 50% of the turnover is declared as income.
No, income from google adsense not covered under Section 44ADA , because 44ADA applicable on Persons engaged in any of the following professions:
• Legal
• Medical
• Engineering
• Architecture
• Accountancy
• Technical consultancy
• Interior decoration
• Other notified professionals
Hello Sir,
Presumptive Taxation is for professionals only. So, Income from Google Adsense will be covered under the head Income from Other Sources.
Trust this clarifies your query.
Feel free to call / get back in case of further clarifications.
Thanking You.
Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP
You should be one of the specified professionals u/s 44AA to opt for presumptive income tax. However, if you are one of such qualifying professionals, the income from google adsense can be included as part of your professional income by way of reduction in the cost of your advertisement. If there is no cost or the income is more than the cost, still it is in the form of other operating income, which should also be included in your income from profession and opt for presumptive income tax u/s 44ADA.
These categories of professionals are included for presumtive tax U/s. 44ada.
Medical • Engineering • Architecture • Accountancy • Technical consultancy • Interior decoration • Other notified professionals o Authorized representatives o Film Artists o Certain sports related persons o Company Secretaries and o Information technology .
You can consider under technical consultancy/IT
Dear Sir,
Section 44ADA is applicable to the taxpayers engaged in any of the following professions:
• Legal
• Medical
• Engineering
• Architecture
• Accountancy
• Technical consultancy
• Interior decoration
• Other notified professionals
If you are engaged in any of the following profession and google ad-sense earning is part of your profession, you can take benefit of section 44ADA.
Please feel free to call/revert in case of any doubts
Thanks and Regards
Abhishek Dugar
CA CS B.Com
