15 December 2021
For eligible business income, one can opt for s. 44AD and for professional income 44ADA. Both can be simultaneous. If there is non-eligible income u/s 44AD such as Commission etc. then one may opt for normal income for that not eligible business. If one has income eligible u/s 44E then it may also be there in a single return of income provided his turnover does not become liable o Tax Audit.
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