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Sridevi asked 1 year ago

Sir,small clarity,if a doctor owns a nursing home as well runs a clinic,then he shall be eligible for presumptive under 44AD and ADA.
How will be the applicability of tax audit?

1 Answers
RaviRavi Staff answered 1 year ago

So doubt is
if assessee is having small business where turnover didnt cross 2 crores
& at the same time he is having profession where gross receipts didnt cross 50 lakhs
can he claim 44AD for business & 44ADA for profession
44AD says assessee who are performing profession covered under 44AA are not eligible under 44AD and only assessee covered under 44AA can claim presumptive basis under 44ADA for profession
Both cannot be claim together   

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