Dear All,
We are doing service providing businesses, hence can can we go for presumptive income scheme.
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can a service provider opt for the presumptive income scheme
Replies (3)
Yes sure - you can opt for 44AD (presumptive income) upto a turnover of 2 crore.
if it is your business u can go 44AD
if it is your profession go 44 ADA
if it is your profession go 44 ADA
Yes you can go for PRESUMPTIVE TAXATION SCHEME. Opt for Section 44AD of the Income Tax Act 1961.
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