Professional 44ADA Return form 4S

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mandeep (Querist)
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30 March 2018 Similar to Business u/s 44AD, does professional also required to fill cash, stock, debtors and creditors details?

CA Rashmi Gandhi (Expert)
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30 March 2018 Yes. Same rule applicable.

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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