INCOME TAX RETURN 44ADA PROFESSIONAL

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mandeep (Querist)
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30 March 2018 While filing return in form 4s u/s 44ADA, are detais of cash balance, stock , creditor, debtor required to be filled?

CA Rashmi Gandhi (Expert)
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30 March 2018 Yes. Same rule applicable as u/s 44AD

RAJA P M (Expert)
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31 March 2018 Yes... But, Not Compulsory. The presumptive taxation scheme related sections (44ad & 44ada) are same activity in both

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