Presumptive income tax return u/s 44AD & Long Term Capital Gain u/s 10(38)

VB (Business) (36 Points)

16 April 2017  

Can I file Income Tax Return under Section 44AD, and also claim exemption of Long Term Capital Gain u/s 10(38) for my Investment in Equity Mutual Fund?

Also can I claim deduction of Rs 1,50,000 on my investment in ELSS schemes u/s 80G?