Who is eligible to take advantage of the presumptive taxation scheme of section 44AD?

Who is eligible to take advantage of the presumptive taxation scheme of section 44AD? https://www.taxtmi.com/manuals?id=4085 The presumptive taxation scheme of section 44AD is available only to resident individuals, resident Hindu Undivided Families, and resident partnership firms (excluding LLPs). Non-residents and persons other than an individual, HUF or partnership firm cannot adopt the scheme. The scheme is not available to persons who claim specified deductions under the special deduction provisions in the relevant year. en-us Mon, 25 Dec 2023 10:39:00 +0530 Wed, 10 Jan 2024 15:15:00 +0530 TaxTMI RSS Generator Who is eligible to take advantage of the presumptive taxation scheme of section 44AD? https://www.taxtmi.com/manuals?id=4085 The presumptive taxation scheme of section 44AD is available only to resident individuals, resident Hindu Undivided Families, and resident partnership firms (excluding LLPs). Non-residents and persons other than an individual, HUF or partnership firm cannot adopt the scheme. The scheme is not available to persons who claim specified deductions under the special deduction provisions in the relevant year. Manuals Income Tax Mon, 25 Dec 2023 10:39:00 +0530 https://www.taxtmi.com/manuals?id=4085