Yes, you can; but keep eye on not opting out for next five years.
No, once opted for sec. 44AD, you need to continue for at least 5 years, otherwise tax audit liability arises.
Aggarwal Sarawagi and Co
New Delhi
CA
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SMJ global advisors pvt ltd
New Delhi
B.Com
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Rahul Dang & Associates-Chartered Accountants
Pune
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