Presumptive income under Income tax act 2025
This query is : Resolved
16 July 2026
Non specified professionals were allowed to file their returns using section 44AD under 1961 Act, as they were not barred using 44AD like specified professionals who could use 44ADA. Is position any different under 2025 Act? Can they not utilise presumptive income scheme?
16 July 2026
No change as such for the eligibility as compared to old act. Only change is in some deductions.
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