25 December 2014
The presumptive taxation scheme under the provisions of section 44AD can be opted for by the eligible assessee who is engaged in any business (except the business of plying, hiring or leasing goods carriages referred to in section 44AE and except by an assessee who is engaged in any profession as prescribed under section 44AA or is running agency business or is earning income in the nature of commission or brokerage), whose turnover or gross receipts from such business do not exceed the limit of audit prescribed under section 44AB (i.e., Rs. 1,00,00,000 from the previous year 2012-13).
25 December 2014
A diagnostic centre provides services related with the medical profession and such can be said as carrying on medical profession. . Income can not be shown U/s 44AD. .