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Eligible for section 44ad "Presumptive taxation" [India]

Discussion in 'Business & Tax Advice' started by aetroijg, Oct 1, 2015.

  1. aetroijg

    aetroijg BANNED BANNED

    Jan 12, 2009
    Likes Received:
    Hi guys,

    I wanted to know if we can file income tax under section 44AD and declare 8% as profit on total turnover without maintaining any books of accounts?
    Do internet marketing income is eligible to avail it.

    I know commission based earnings are not eligible under this section, but what about where you get fixed rates per download/signup (in cases of CPA marketing) or online retailing (Teespring/dropshipping)? Do these come under commission based income?