having quarry actually one my client file IT return u/s 44ada now he do not want to file in this section so he can do and what was the provision
please reply me quick bez only 2 day are left.
2 Replies
Krimisha Shah
(42 Points)
Replied 28 August 2019
44ADA Is for profession or other than business which are not mentioned in sec 44AD
Kapadia Pravin
(17259 Points)
Replied 28 August 2019
No issue.
Your client can file ITR3 as regular professional income with books of account maintained.
Only thing for next 5 assessment years he won't be allowed 44ADA
Your client can file ITR3 as regular professional income with books of account maintained.
Only thing for next 5 assessment years he won't be allowed 44ADA
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