Jewllery business 44ad

PRABIR PAUL (*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)   (1443 Points)

25 January 2018  

I have some of little bit confusion,

Can a jewellery business declare profit under section 44AD as presumtive for the FY 2016-17?

Because his actual net profit is 16%.