Pgbp 44ad 44ada

26 July 2022

Can I switch to 44ad this year from 44 Ada as last year i filed 44ada. my architect client has dealt in sale n puchase of goods along with services.

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5 Replies

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 26 July 2022

Yess you can

6 Like

Eswar Reddy S (CFO- at NHTF) (58263 Points)
Replied 26 July 2022

Don't switch, you can avail both 44AD for business and 44ADA professionals seperately

2 Like

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 27 July 2022

Agreesd with Eshwar here, forgot to mention

4 Like

Prithviraj Das (128 Points)
Replied 27 July 2022

Won't the business expenses overlap in 44 Ada and 44ad as trading of goods and professional service both are given by same proprietorship firm

CA Abhay Parsolia (CA) (20 Points)
Replied 30 July 2022

Maintain separate accounts for that

1 Like

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