Filing Return of Professionals
himanshu gumber (45 Points)
11 October 2017Earlier Years He was Audited.
I want to know that...Once Opted 44ADA ...then in Next 4 years also have to file in 44ADA. (jaise ki 44AD m hota h) ??
himanshu gumber (45 Points)
11 October 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 11 October 2017
The assessee can opt in and out of scheme at any time.
For example, a professional may file his return for AY 2017-18 under section 44ADA and opt out it for the AY 2018-19. There is no restrictions imposed in this regard as in section 44AD.