An assessee/professional opting for the scheme u/s 44ADA can opt in & opt out at any time without any restriction of following for 5 consecutive years like 44AD. > Professionals who are partners in a professional firm have the liberty to opt for section 44ADA or not irrespective of the fact whether the professional firm has opted for section 44ADA or not. > If a professional firm opts for section 44ADA then the firm will not be eligible to deduct interest and remuneration paid to partners. > If a professional firm does not opt for section 44ADA then the firm will be eligible to deduct interest and remuneration paid to partners.