This discussion clarifies the applicability of Sections 44AD and 44ADA for income tax returns. While ITR forms may allow entering details for both sections simultaneously, the law generally prohibits claiming both. Specifically, Section 44AD is not eligible for individuals engaged in professions listed under Section 44AA(1).
28 October 2021
Though ITR forms are accepting both the sections at a time, but it is not accepted under law. Sec. 44 AD is not eligible for.. as per sub-sec 6(i) ... a person carrying on profession as referred to in sub-section (1) of section 44AA .....