Business income u/s 44AD

whether business of purchase and sale of plots/immovable property can be claimed u/s 44AD
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Quick Summary
This discussion clarifies whether the business of purchasing and selling plots or immovable property qualifies for presumptive taxation under Section 44AD of the Income Tax Act. The consensus is that it can, provided the financial year turnover does not exceed £2 crore. It's also noted that companies and LLPs cannot avail of this scheme.

Yes it can be
Yes... The said Business can be u/s 44AD...
Whether registration in GST is required for that?
But your turnover should limit up to 2 Cr. in a F.Y
also if you are running a company or LLP then also benefit of 44AD not available.

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