Assessee who chooses to file return as per presumptive taxation is not allowed to take expenditure However if u r claiming expenditure then 43B(h) disallowance would be there if there is violation of section 43B(h) It is advisable to consult with ur consultant.
Excellent & in-depth explanation of the act & it's application and implications on MSME ecosystem in india 👏🏼
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Very informative session Karan Sir! 👍🏻
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ITR 44AD vala safe he
Assessee who chooses to file return as per presumptive taxation is not allowed to take expenditure
However if u r claiming expenditure then 43B(h) disallowance would be there if there is violation of section 43B(h)
It is advisable to consult with ur consultant.