https://www.taxtmi.com/caselaws?id=801329 Global-ranking support, institutional facilitation and coordination services are business activities for presumptive taxation under section 44AD where their substance consists of stakeholder coordination, data organisation, reporting, benchmarking and operational guidance. Section 44ADA applies only to professions listed in section 44AA(1), and contractual labels such as advisory or consultancy, or withholding under section 194J, do not determine classification. As these services were not any listed or notified profession, and did not constitute excluded commission, brokerage or agency business, section 44ADA could not support estimation of income at 70% of receipts. Income offered under section 44AD was therefore required to be accepted. en-us Mon, 12 Oct 2026 00:00:00 +0530 Mon, 19 Oct 2026 07:01:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801329 Global-ranking support, institutional facilitation and coordination services are business activities for presumptive taxation under section 44AD where their substance consists of stakeholder coordination, data organisation, reporting, benchmarking and operational guidance. Section 44ADA applies only to professions listed in section 44AA(1), and contractual labels such as advisory or consultancy, or withholding under section 194J, do not determine classification. As these services were not any listed or notified profession, and did not constitute excluded commission, brokerage or agency business, section 44ADA could not support estimation of income at 70% of receipts. Income offered under section 44AD was therefore required to be accepted. Case-Laws Income Tax Mon, 12 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801329