Presumtive income under sec 44ad

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Asst. Manager - Accountants
119 Points Posted on 04 October 2018

Hello Everyone,

I have a query regarding Presumtive Tax under Sec 44AD, if a proprietorship firm provides consulltancy services and also into job work contract.

Does he elligible for Sec 44AD. His turnover is below 1 Crore.

Thanks in Advance.

Best Regards

Shibsankar Ghosh

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On 04 October 2018 at 15:11 Report
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"Do the Right Thing...!!!"
128162 Points Posted on 04 October 2018
Please specify Your nature of Income Sources...?
You are ask plain question like "Consultancy Services, Job Work Contract".
But, It's not meaningful or Nature of work...!
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On 04 October 2018 at 16:45

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