The benefit of payment of advance tax in one instalment on or before 15th March is available to assessees computing profits on presumptive basis :

CS Executive · Tax Laws · PYQS · June 2022
The benefit of payment of advance tax in one instalment on or before 15th March is available to assessees computing profits on presumptive basis :
(A) Only under Section 44AD
(B) Under section 44AD and 44ADA
(C) Under section 44AD and 44AE
(D) Under section 44AD, 44ADA and 44AE

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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