Presumptive Taxation u/s 44ADA
Shubham Shaily (126 Points)
21 July 2022Shubham Shaily (126 Points)
21 July 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 21 July 2022
No. The said rule applies to sec. 44AD; but not for sec. 44ADA of the act...
Shubham Shaily
(126 Points)
Replied 21 July 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 22 July 2022
Sec. 44AD & sec 44ADA in itself have the details about it. No more rules required.
Refer FAQ Q4 in https://www.fisdom.com/section-44ada-income-tax/