I have receipt from event management services..
can.i avail presumptive tax under sec 44ad
if not then how to resolve the same
3 Replies
Imran khan
(17 Points)
Replied 17 August 2019
yes you can opt 44AD because only three business not opt ine of them is commission agent is not allowed to opt 44AD
saud ahmed
(Student CA IPC / IPCC)
(270 Points)
Replied 17 August 2019
then why 44ada was introduced if 44ad available for all services
Kapadia Pravin
(17259 Points)
Replied 17 August 2019
44AD is applicable. 44ADA is for specified professionals
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