44 AD TURNOVER (CASH)

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Javed Memon (Querist)
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23 July 2024 In Presumptive Scheme the new Column TURNOVER (CASH) added
so whats the Differance between Turnover (Cash) and Turnover (other Mode) ??

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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23 July 2024 Turnover (other mode).... means turnover which is not in cash mode...
i.e. turnover digital mode..

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Javed Memon

Javed Memon (Querist)
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23 July 2024 But Turnover (Banking Channel) column also there , up to A.Y. 2023-24 only 2 column that is Turnover (other mode )and turnover (Banking Channel) from A.Y. 2024-25 they added turnover (Cash Mode)

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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23 July 2024 There it was indicative other than banking mode.
Now from this they have bifurcated again for more clarity.
Turnover by cash.... for minimum 8% or more profit...
Other two... banking mode & digital mode (i.e. Other mode) for minimum 6% or above profit

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Javed Memon

Javed Memon (Querist)
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24 July 2024 Thanks a lot sir for clarify

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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24 July 2024 You are welcome

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