Filing of return under 44ad

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Swetha Rani (Querist)
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27 March 2016 Hi,

Experts please advise whether an accounts and tax consultants who is not a CA can file return under 44AD. My understanding of 44AD is since tax consultants is not a professional, so can file return under 44AD. Please advise my understanding is correct or not?

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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28 March 2016 Tax Consulting service is also a professional service. So you can't file 44AD. You have to file in ITR 4.

Amol S Joglekar

Amol S Joglekar (Expert)
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28 March 2016 Refer section 44AA : Every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy.............
44AD refers section 44AA for the meaning of professionals.
And 44AA says as said above. So? Accounts and tax consultant is Professional.

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