Applicability of section 44AD to profession

Hi friends,

If the person has income earned from profession and his gross receipts is below INR 60 lakhs, then whether he could avail the benefit of presumptive taxation under section 44AD (as amended w.e.f. 01.04.2010).

Section 44AD has been amended to include all small scale business carried on by individual or HUF under which 8% of total turnover or gross receipts would be deemed to be income of the assessee and would be assessible as such. My question is whether section 44AD convers only business or profession as well.

Thanks and Regards,

Manoj B. Gavali