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44AD Availability
Current Year - Turnover: 15 Lacs , Net Profit: 8 Lacs but ITR 3 filed & books of accounts maintained. Can next year we can opt 44AD ?
Replies (4)
Quick Summary
Yes You can opt 44ad in next year.
44Ad availability is special and can be used . itr 3 filed and books of accounts maintained.
Very bad reply Mr Sabyasachi...
You may opt for 44AD from next year there is no restriction.
But once you opt 44AD , you have 5 years restriction
But once you opt 44AD , you have 5 years restriction
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