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Income tax

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nil
35 Points Posted on 11 January 2021
Can a individual assessee having two business (2 GSTN) opt for presumative scheme(44AD) for one business and normal scheme(44AB) for another business as PAN is one???
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On 11 January 2021 at 23:16 Report
Replies (5)
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Tax consultant
5895 Points Posted on 11 January 2021
No cannot
both business are consolidated if the person or entity liable for audit
57 Reply
On 11 January 2021 at 23:56
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Chartered Accountant
24588 Points Posted on 12 January 2021
No it is impossible
129 Reply
On 12 January 2021 at 09:42
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17264 Points Posted on 12 January 2021
No such option for each business. Either regular or presumptive
101 Reply
On 12 January 2021 at 10:15
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BUSINESS DEVELOPMENT MANAGER
1697 Points Posted on 12 January 2021

no option for business

2 Reply
On 12 January 2021 at 12:31
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Accountant
4533 Points Posted on 15 January 2021
No you can't
19 Reply
On 15 January 2021 at 22:43


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