09 September 2023
Assesses opted for 44AD in A.Y. 2017-18 and in A.Y.2018-19 Opted out so compulsory audit done from A.Y.2018-19 TO A.Y.2022-23. SO he can again opt for 44AD in the A.Y. 2023-24
11 September 2023
Sub section (4) bars the option of 44AD for five years subsequent to the year in which assassee opted out of 44AD. So in totality bar works for 6 years (1 year in which assessee opted out + 5 subsequent years)
In your case 44AD will not be available for AY 2023-24. However you may opt it with effect from AY 2024-25.
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