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Question ID : 43326

Taxability of Income of sports Player on contract basis

whether Income of sports Player on contract basis covered in 44AD / 44ADA & which expense is appropriate for this?

Posted by ARIHANT JAIN on Jul 15, 2022

Filed Under DIRECT TAXES

Answer ID : 82542

Yes. It is covered under section 44ADA.

Posted by CA. chunauti dholakia on Jul 18, 2022
Answer ID : 83549

You can go for 44ADA.

Posted by CA. JHA SHANKAR KUMAR on Aug 01, 2022