13 June 2019
Hello Our client had opted for presumptive taxation in last 2 years I.e As yr 2017-18 and 18-19 u/s 44ADA (ARCHITECT). Now if we want to opt out in this year I.e. As.yr 19-20, is it allowed and if yes then do we have go for compulsory Audit us. 44AB . Turnover is around 25 lacs. Thanks