Hi Sir or Madam I have a client. He has owned a car and using that car as Taxi (Cab). He needs to file ITR. So my doubt is which section we should choose while filing ITR on presumptive basis. 44AE or 44 AD or 44 ADA? urgent
thanks in advance
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Quick Summary
This discussion addresses a query regarding the correct section for filing Income Tax Returns (ITR) on a presumptive basis for a taxi driver. While sections like 44AD, 44AE, and 44ADA are considered, the consensus leans towards 44AD. However, a counterpoint is raised suggesting taxi drivers may not have a presumptive income option.