MBA working as a Consultant - Applicability of 50% Presumptive taxation under Sec 44ADA

Hello,

My husband has recently joined an NBFC finance company as a Consultant. He is an MBA and his services are related to Trade Finance and Business Management Consultancy. He has 25+ years of experience in his field.

I have two questions:-

1. Can his profession be classified as a 'Technical Consultancy' under Sec 44 AA (1)?
2. Is he allowed to take benefit of 50% Presumptive taxation under Sec 44ADA (Code-16013)?

Regards