Section 44AE
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Gourav dewangan
(Querist)
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
(Expert)
11 April 2025
From registration date.
Gourav dewangan
(Querist)
11 April 2025
Thank You Sir..............
Dhirajlal Rambhia
(Expert)
11 April 2025
You are welcome.
Dhirajlal Rambhia
(Expert)
29 September 2025
Good luck..
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