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

Ans.  The presumptive taxation scheme of sections 44ADA​ can be adopted by a resident assessee being individual or HUF, carrying on specified profession whose gross receipts do not exceed fifty lakh rupees in a financial year. Following professions are specified profession:

1) Legal

2) Medical

3) Engineering or architectural

4) Accountancy

5) Technical consultancy

6) Interior decoration

7) Any other profession as notified by CBDT