banner_ad

44ad not opting

155 views 2 replies
last year my turnover was less than 2 cr so i opt for 44ad. this year also turnover is below 2 cr .but i dont want to opt for 44ad but declare profit more than 8% .can i file not opting 44 ad??..pls rply thanks in advance.
Replies (2)

Depends on how many years you have opted for 44AD already.

But it seems like you can still continue with 44AD and declare a higher profit. You can even declare 100% profit!

Unless you have a specific reason to opt out, may as well continue with it.

Some bank not accepting 44 ad return so i want to file normal business return declaring higher profit...ghat is the reason


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 27 April 2026
CA Articled Assistant

GM Corporate Solutions

Noida

CA Final

View Details