https://www.taxtmi.com/forum/issue?id=121062 Section 44AD may be adopted where the assessee satisfies its eligibility conditions and turnover is within the applicable threshold, notwithstanding tax audits under section 44AB in earlier years. If turnover subsequently exceeds the presumptive-taxation limit, income may be computed under normal provisions and audit liability must be assessed independently. This statutory ineligibility differs from voluntary departure while eligible, which may trigger the five-year restriction. The enhanced turnover threshold depends on the prescribed cash-receipt condition, and transition to the Income-tax Act, 2025 retains the restriction. en-us Sun, 09 Aug 2026 09:24:14 +0530 Sun, 09 Aug 2026 10:55:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121062 Section 44AD may be adopted where the assessee satisfies its eligibility conditions and turnover is within the applicable threshold, notwithstanding tax audits under section 44AB in earlier years. If turnover subsequently exceeds the presumptive-taxation limit, income may be computed under normal provisions and audit liability must be assessed independently. This statutory ineligibility differs from voluntary departure while eligible, which may trigger the five-year restriction. The enhanced turnover threshold depends on the prescribed cash-receipt condition, and transition to the Income-tax Act, 2025 retains the restriction. Discussion-Forum Income Tax Sun, 09 Aug 2026 09:24:14 +0530 https://www.taxtmi.com/forum/issue?id=121062