Hello Sir/ma'am
Assessee having Turnover 1050000 consisting two business (Tuition income and cab income). In PY 2018-19, he filled ITR 3( Income amounting 420000) and maintened books and account. Now he estimate that his turnover around 1200000 in PY 2019-20.
So can he go for the presumptive scheme (section 44AD) for PY 2019-20?
CAclubindia
