my client registered in gst under restaurant service and also received commission from other network business can i file return in 44 ad section or not
Replies (6)
Quick Summary
This discussion clarifies that if you receive commission income, you generally cannot opt for the presumptive taxation scheme under Section 44AD, even if you also run a restaurant business. The scheme is typically for specific types of businesses, and commission income often requires maintaining proper accounts and filing under a different Income Tax Return (ITR) form, such as ITR 3.
The presumptive taxation scheme can be opted by the eligible assessee who is engaged in any business (except the business of plying, hiring or leasing goods carriages referred to in section 44AE