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Presumptive tax features under 44ad scheme

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28 August 2019 1.Is Presumptive Tax features under 44AD Scheme is applicable for Hoarding business.
2. For business of 13.5 lakh business maintain the books of accounts is mandatory
3.For a proprietorship firm filing of Income Tax self and proprietorship is required..?

29 August 2019 1 Yes,
2 Not mandatory if it;s turnover.
3 Yes Prop firm and self one and the same

29 August 2019 01. Yes.
02. Books of accounts not mandatory
03. proprietor and proprietor firm are one and same.




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