VittSphere ONE Calculators Blog CA Prabhakar Kumar · FCA · ICAI 560762
Case law › Section 44AD(4)

Section 44AD(4)

What section 44AD(4) does, and where it sits. This library holds no authority that turns on it.

No authority in this library turns on Section 44AD(4). That is a statement about this library and not about the law: it means no judgment, circular or instruction held here decides a point under it. What the provision does is explained below. If you are looking for a decision on it, say so through the search box — a provision people search for and we hold nothing on is the most useful thing we can be told.

Explained in this library

What section 44ad(4) does, in plain English, before you read what the courts made of it.

Declaring below the presumptive rate locks you out for five years

If I come out of the presumptive scheme and declare my real, lower profit, what does that cost me?