Imagine I am providing service as a car garrage owner.I do not have any technical qualification or a degree related to this service. Will I be liable under 44AD or 44ADA when I opt for presumtive.
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Quick Summary
This discussion clarifies the applicability of presumptive taxation schemes 44AD and 44ADA for service providers who lack formal qualifications, such as a car garage owner. It explains that professions listed under Section 44AA are eligible for 44ADA. However, for services not falling under this list, Section 44AD is generally not applicable based on Supreme Court rulings, suggesting a normal tax procedure might be required.
Actually sec 44AA define a list of profession and your job doesn't fall in this category. and for service sec 44AD doesn't apply by supreme court verdict. so apply normal procedure for tax payment.
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