How 44 cash can Save You Time, Stress, and Money.
Part 44AD – According to Part 44AD, wherever a taxpayer opts for presumptive taxation plan for virtually any from the fiscal 12 months he is required to carry on to choose for a similar for future 5 years. If he fails to do so, he won't be qualified to choose presumptive taxation scheme u/s 44AD for 5 yrs succeeding the year by which he opts out.