44AD APPLICABILITY NECESSARY

NOT MANDATORY TO OPT FOR SEC. 44ADA.

YOU CAN DECLARE THE INCOME UNDER NORMAL ASSESSMENT IN ITR3

BUT REFER TO SEC. 44AB(d), YOU NEED TO DECLARE AT LEAST 50% PROFIT MARGIN, IF YOUR PROFESSION IS ELIGIBLE FOR SEC. 44ADA.

Yes, it is still applicable over partnership firm. Only HUF has been removed from the act...

If the business code that was specified in ITR do not relate to sec. 44ADA, then it OK.