| Question And Answer | |
|---|---|
| Subject: | Will Architecture visualisation comes under professional tax in income tax? How much tax will be applicable |
| Category: | Allied Law, Income-Tax |
| Querist: | Anju |
| Answered by: | Advocate Shashi Ashok Bekal |
| Tags: | Architecture, professional income, professional tax |
| Date: | October 3, 2023 |
A professional having receipts less than 75 lakhs (AY 2024-25 onwards) can avail of section 44ADA of the Income-tax Act, 1961 whereby the assessee has to offer only 50 per cent of the receipts as income under the head PGBP.
Reply of the Expert is awaited. Please check back later
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