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Yes, someone can claim good thing about Area 44AD and Section 44ADA at the same time if he/she has money from both equally occupation along with organization.
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If an assessee fulfills any of the subsequent criteria, then they have to preserve guides of accounts and obtain accounts audited under area 44AB:
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Portion 44ADA was introduced to extend the scheme of simplified presumptive taxation to specified pros. Before, the presumptive plan of tax was readily available only to little firms.
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