Acceptable to file under 44ada as a company director?

Rahul D (Manager) (1 Points)

21 March 2019  

Hello Tax Experts,

I would like your assistance in resolving this question I have. I have asked a few CAs and have got mixed responses.

Is it ok for me to continue to file my taxes under 44ADA (Presumptive Taxation for Professionals) considering I have been appointed as a director in a company as of March 2019?

Please let me know your views.