Can a person who is in business of Advertising and Marketing take benefit of presumptive taxation ???
Replies (2)
Quick Summary
This discussion clarifies the eligibility for presumptive taxation under Section 44AD for businesses involved in advertising and marketing. It states that if your business operates as an advertising and marketing agency, you are generally not eligible to claim the benefits of presumptive taxation. This means you'll likely need to maintain detailed accounts and follow standard tax procedures.