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Presumptive Taxation scheme applicability

This query is : Resolved 

04 February 2022 Dear Sir,

One of my client is into Business of testing of metals and minerals and his tds gets deducted under Section 194C and 194J. His return is filed as an individual and he is registered under GST.

Can he file his Income tax return under Presumptive Taxation scheme under Section 44AD instead of maintaing books of accounts.

Please help me in this matter.

Regards,
Divyesh Jain



04 February 2022 Yes, 44AD can be opted.

04 February 2022 Ok, Thanks for your reply


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