Presumptive tax features under 44ad scheme


This query is : Resolved 

28 August 2019 1.Is Presumptive Tax features under 44AD Scheme is applicable for Hoarding business.
2. For business of 13.5 lakh business maintain the books of accounts is mandatory
3.For a proprietorship firm filing of Income Tax self and proprietorship is required..?

29 August 2019 1 Yes,
2 Not mandatory if it;s turnover.
3 Yes Prop firm and self one and the same

29 August 2019 01. Yes.
02. Books of accounts not mandatory
03. proprietor and proprietor firm are one and same.


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