Whether a Chartered Accountant is entitled to take benefit of presumptive scheme of declaring income u/s. 44AD?
Thanks & regards
Hardik
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Whether CA can eligible?
Replies (4)
SEC 44AD IS ONLY APPLICABLE FOR BUSINESS AND NOT PROFESSIONS. SO CA IS NOT ELIGIBLE FOR PRESUMPTIVE SCHEME OF DECLARING INCOME
Totally agree with kirti
Section 44AD is only for business and not for profession.........
Totally agree with both us
Section 44AD is only for business and not for profession......so ...CA is not ELIGIBLE FOR PRESUMPTIVE SCHEME OF DECLARING INCOME
ya ! agree with kirti !!
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