Menu
Difference between 44AD vs 44AD(1) vs 44AD(4)
While filing ITR-4 ask questions like this, are you filed income under 44AD(1) earlier AY 2017-18, If filed under 44AD(1), 44AD(4) block periodshown in filing software like winman
Replies (1)
Section 44AD(1) enables the presumptive taxation scheme for eligible businesses, while Section 44AD(4) imposes a 5-year cooling-off period if you opt out of the scheme after previously using it, requiring you to maintain full books of account during that time.
Recent Topics :
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
Related Topics :
CAclubindia
