Presumptive taxation scheme 44ad & 44ada

Harshit (Arbitrager) (215 Points)

17 July 2019  

Hi,

I am a stock trader in Equities, Futures & option trading with a Proprietary trading desk.. I get professional income from my firm, and my employer files the TDS under 194J. I wanted to know if i can file my income tax under the Presumptive Taxation scheme, if yes than which one is applicable for me, 44AD or 44ADA?

Thanks,

Harsh Patel