Doubts about 44ad vs 44ada vs 44ae

Hi,

 

Few doubts about 44ad vs 44ada vs 44ae

 

- Advertising business, some call it advertising agency, some websites say that agency work is not included in 44ad and to select 44ada instead but some say that it is not an agency in the real sense and to select 44ad under code 16019 or 21008. What is recommended here? Only 1 sales and purchase bill in the year for 8 lacs (34000 net profit), raised under SAC Code- 998365, Sale of Internet advertising space and then the gst number was surrendered. No work was done in prior years since 2020 and ITR-1 was being filed with NIL gst returns per month. As there are no books of accounts for the prior years so had to select the presumptive income option.

 

- If ITR-4 is selected under 44ad or ada, then can we take stcg from the sales of debt funds here?