Compulsory Maintenance of Accounts - Section 44AA

Jatin Pal , Last updated: 28 June 2025  
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A question is, can a person engaged in a profession as prescribed under Section 44AA(1) adopt the presumptive taxation scheme of Section 44AD? Answer is, A person who is engaged in any profession as prescribed under Section 44AA(1) cannot adopt the presumptive taxation scheme of Section 44AD. Howe

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Published by

Jatin Pal
(taxation deptt)
Category Income Tax   Report

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