Presumptive Taxtion

can we set off last year business loss in case of presumptive taxation u/s 44ADA?
Replies (2)
Quick Summary
This discussion explores whether it's possible to offset a previous year's business loss when utilising presumptive taxation under Section 44ADA. While the general rule might suggest otherwise, the possibility of intra-head adjustment for set-off is considered. Readers are advised to consult the IT website and income tax calculators for definitive confirmation.

No...
Set Off may be done since intra head adjustment is allowed in set off.

Check the IT website, Income Tax calculator and validate it to confirm

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