https://www.taxtmi.com/forum/issue?id=121062 Section 44AD may be adopted where its eligibility conditions and turnover threshold are satisfied, notwithstanding tax audits in earlier years. Section 44AD eligibility and section 44AB audit liability are separate tests. If later turnover exceeds the presumptive-tax threshold, normal computation and audit may apply without that statutory exit itself attracting the five-year restriction. The restriction may apply where an otherwise eligible assessee declares profit below presumptive income. The corresponding provision under the Income-tax Act, 2025 retains this restriction. en-us Sun, 09 Aug 2026 09:24:15 +0530 Sun, 16 Aug 2026 09:01:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121062 Section 44AD may be adopted where its eligibility conditions and turnover threshold are satisfied, notwithstanding tax audits in earlier years. Section 44AD eligibility and section 44AB audit liability are separate tests. If later turnover exceeds the presumptive-tax threshold, normal computation and audit may apply without that statutory exit itself attracting the five-year restriction. The restriction may apply where an otherwise eligible assessee declares profit below presumptive income. The corresponding provision under the Income-tax Act, 2025 retains this restriction. Discussion-Forum Income Tax Sun, 09 Aug 2026 09:24:15 +0530 https://www.taxtmi.com/forum/issue?id=121062