Under Part 44AD of presumptive taxation, compact taxpayers with below Rs 2 crore of turnover will not be necessary to take care of books of accounts as well as their gains are presumed to become 8% of their turnover. No, It isn't Obligatory to decide Portion 44AE, it is optional, https://collinefvhs.bloggip.com/29767871/5-easy-facts-about-44-cash-described