Section 44AD: Production supervisor can adopt Presumptive Taxation scheme

Mehjabeen Masood Khan Vs ITO (ITAT Mumbai) Introduction: In a significant judgement, the Income Tax Appellate Tribunal (ITAT) in Mumbai ruled in favor of an assessee who is a production supervisor, asserting that there was no illegality in adopting presumptive taxation under section 44AD. This decision was made in the case Mehjabeen Masood Khan Vs ITO. Analysis: This ruling becomes significant given the context of the tax dispute. The appellant, engaged as a production supervisor, had not initially filed a return of income for the AY 2015-16. Following a subsequent notice and eventual complian...