CLIENT IS HAVING AUDIT U/S 44AB NEED TO GET BACK TO PRESUMPTIVE SCHEME U/S 44AD IS THERE ANY LOCK IN PERIOD FOR SUCH
DEEPESH DOKANIA (Student CA IPC / IPCC) (27 Points)
16 December 2021CLIENT IS HAVING AUDIT U/S 44AB NEED TO GET BACK TO PRESUMPTIVE SCHEME U/S 44AD IS THERE ANY LOCK IN PERIOD FOR SUCH
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177695 Points)
Replied 16 December 2021
Check whether sec. 44AD(4) was applicable. If yes, 5 years from the last AY when the section got attracted.