Computation of presumptive income from professions u/s 44ada


(Querist)
20 July 2019
Dear Expert,
While computing presumptive income from professions u/s 44ADA, does ‘Gross Receipts’ means 'the receipts inclusive of TDS'?
While computing presumptive income from professions u/s 44ADA, does ‘The amount claimed to have been earned’ means either 'the amount actually earned exclusive of TDS' or 'the amount actually earned inclusive of TDS'?

Please guide me.


B.Chackrapani Warrier (Expert)
20 July 2019
Yes. inclusive of TDS.

Deepak (Querist)
21 July 2019
Dear Sir,
Thanks for your very quick reply.


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