one of clients, turnover is 2 crores in the AY 2018-19, so that we filled TAX audit report, now current AY 2019-20 is 50 lackhs, now we filled 44AD for 8% declaration , pl give advise
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You can switch over to 44AD presumptive taxation from usual profit taxation
And you shall be required to continue 44AD for 5 years.
And you shall be required to continue 44AD for 5 years.
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