Whether CA can eligible?

Tax planning 703 views 4 replies

Whether a Chartered Accountant is entitled to take benefit of presumptive scheme of declaring income u/s. 44AD?

Thanks & regards

Hardik

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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