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Sec 44ad(4)
If assessee in AY 2017-18 has audited their books can asseesee adobt presumptive section 44Ad in A y 2018-19
Replies (3)
Assesse if had adopted 44AD and leaves it for 44AB cannot go back for 44AD for 5 years so if you have not left 44AD in 2017-18 then yes you may opt for 44AD in 2018-19
there is tax audit in a y 2017-18. in ay 2018-19 assessee want to adobt 44Ad can he do so
He can do so only if above conditions fulfilled
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