Software related services by a firm is eligible for Section 44AD

Software and Other IT related services are eligible for Sec 44AD. As ITR form 4 does not have business code for such services...
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Quick Summary
This discussion explores the eligibility of software and IT-related services for presumptive taxation under Section 44AD. While typically associated with goods businesses, the applicability to service providers, especially firms, is debated. Participants discuss potential challenges with ITR form 4 business codes and suggest checking the income tax portal or using the 'others' category for relevant business activities.

Whether you maintain books of accounts at 8% profit of turnover??
But as It related services are kind of professional services you should kindly check the matter in income tax portal or you should search for "others" business code category in ITR 4 form and mention the business activities
Do you got royalities
Actually 44ADA is applicable for such services
Actually sec 44AD mainly related to goods business. it is not applicable on service business. no presumptive option and normal rule apply.
What is such services are provided by Firm

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