44AE or 44AD adoption

In case an assessee own more than 10 goods carriages vehicle then is now allowed to obtain benefit of 44AE in this case can he opt 44AD?
Replies (8)
Quick Summary
This discussion clarifies whether an assessee owning more than 10 goods carriage vehicles, who is eligible for presumptive taxation under Section 44AE, can also opt for Section 44AD. The consensus is that you cannot claim both. Section 44AE is specifically for businesses involving goods carriages, making it mutually exclusive with Section 44AD, which excludes businesses covered under 44AE.

44AE should be applicable
According to my opinion,
No you can not opt for 44AD , as Both sections are mutually exclusive
But section 44AE does not contain any provision relating 44D... it only says if you show lower income then you have to get your books audited under sec 44AA...
Refer Explanation (b) to section 44 AD it provides that eligible business means all business except business specified u/s 44AE
Okk....now understand ....

thank you soo much
44AE is a specific section for a specified business. So 44AD can't be used.
In case of vehicle carries section 44ae is applicable
No you can't opt 44AD

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details