Hi,
I am an architect and working as a consultant in an architecture firm in Mumbai. I am not on payroll but this is company is the sole source of income. I produce my bill to the firm to get the salary in my account. 10% TDS is cut every month. I have been issued form 16 A for 4 quarters. I have already paid 90000 as TDS. I have made some investment and have medical insurance too. I am not given any HRA.
So, if I file my ITR under ITR 4 of 44ADA, I get approx 89000 of my TDS. Whereas if I file normal ITR I get 2000 approx refund. Kindly suggest if I am right in going forward with this 44ADA. Or else suggest ways to get max tax refund.
Thanks
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