Section 44AE

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Gourav dewangan (Querist)
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11 April 2025 Mr. A started transport business and purchased 3 trucks in the FY 2024-25. Invoice date of Truck 1 is 7.8.2024, invoice date of Truck 2 is 31.8.24 and invoice date of Truck 3 is 28.8.24. Registration date ( RC date ) of Truck 1 is 16.11.2024, registration date of Truck 2 is 22.11.2024 and registration date of truck 3 is 27.01.2025. My question is that for the purpose of presumptive taxation u/s 44AE what is the no of month owned the vehicle ? Whether no of month calculated from invoice date or from registration date.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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11 April 2025 From registration date.

Gourav dewangan

Gourav dewangan (Querist)
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11 April 2025 Thank You Sir..............

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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11 April 2025 You are welcome.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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29 September 2025 Good luck..

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