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'?
CAclubindia
