SEC 44AE & SEC 44AD

This discussion addresses a scenario where a transporter filed their FY 2018-19 return under Section 44AD and FY 2019-20 under Section 44AE. It clarifies that Section 44AD is not applicable to the business of plying, hiring, or leasing goods, meaning Section 44AE should have been opted for in FY 2018-19 if the individual had fewer than 10 trucks. The possibility of revising the FY 2018-19 return is also considered, with a note to check the extended filing deadline for that year.