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Does gross receipts include reimbursements section 44ada ?

This query is : Resolved 

03 August 2017 I am a consulting professional. I have received reimbursements from my clients of Rs. 2 lacs and my billing is of Rs. 8 Lacs. Can I go for Presumptive Taxation under Section 44ADA ? If I opt for presumptive taxation on what amount 50% profit will be calculated Rs. 8 Lacs or Rs. 10 Lacs.

03 August 2017 Just Rs. 8 lakhs...................







03 August 2017 But., You can't claim that related expenses...


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