44ad for assessee making books under gst

Tax queries 150 views 1 replies

If an assessee is making books of accounts under GST...

Can he opt 44AD for assessment of his income???

In future whether profit of books of accounts or declard under 44AD will be considered for his assessment???

Thanks

Replies (1)
Yes... Why not...?
IT law is admit the way then why they ban the filing.

No more restriction for opt u/s 44ad. You just keep the Outward / T/O details as per your transactions. That's enough as per IT


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