Switching from 44AD to normal after 3 years

Rahul (individual) (38 Points)

10 July 2020  

Hi,

I am filling my return under section 44Ad from last 3 years , so can I now switch to normal or do I have to use 44AD for 5 years.

A local accountant in my area told me that i have to be in 44AD for 5years and if i switch in between then i will have to file the returns of last 3 years again , so is this correct ?

Thanks