44 AD or 44ADA for software development business
Hi
I read your answers and it helped me to understand 44ad and 44ada . I need some help in my case too.
kindly help
I am a software consultant add works as a freelancer on upwork.com.
my receipts are between 15 lakh to 30 lakh.
but my wife works with me as a data entry operator and my brother also works as content writer .
some other software professional friends also works with me on projects .
all payment came in my account . I want to file ITR with presumptive income scheme under 44 AD.
kindly help with below queries . i will be very very thankful to you .
1. can i file under 44 AD because apart from professionaly i worked as a businessmen also ?
2. my wife did not have bank account till now .Her payment was also kept in my bank account . so how i declare that for previous years .
or please help if there is something that a couple can file ITR and can take double deduction benefits like 5 lakh tax free instead of 2.5 lalk.
3. In 2015-2016 i got project payment but my team mates are still working on those projects . i will pay them once project will complete in next few days .
how to handle that .
kindly help
Thanks
Kuldeep