20 September 2022
1) Taxpayer has been completed 2 years of presumptive income scheme section 44AD for Manufacturing Business. 2) For F. Y. 21-22 he is having profit from manufacturing business. and losses from future and option trading. his total turnover is below 1 crore.
Please suggest is he still eligible for presumptive income scheme section 44AD for manufacturing Business.
CAclubindia
