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

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