Can a person whose total turnover or gross receipts for the year exceed Rs. 2,00,00,000 adopt the presumptive taxation scheme of section 44AD?​​​

The presumptive taxation scheme of section 44AD can be opted by the eligible per​sons if the total turnover or gross receipts from the business do not exceed the limit prescribed under section 44AB​ (i.e., Rs. 2,00,00,000). In other words, if the total turnover or gross receipt of the business exceeds Rs. 2,00,00,000 then the scheme of section 44AD cannot be adopted.