Presumptive taxation

This query is : Resolved 

11 February 2017 is the owner of Ola & Uber can Opt for any Presumptive Taxation Scheme......??
Please Reply Asap

11 February 2017 Owner of Ola or Uber can't opt for presumptive scheme as they receive commission only. Owners of vehicle who operate their vehicle under Ola or Uber can opt for this scheme.

11 February 2017 Commission income not comes under Presumptive Income so you you cannot opt under Presumptive Income Scheme.

13 February 2017 Sir,
Can Owner of Cabs opt for 44AE

13 February 2017 No, only truck owners can opt for 44AE.

13 February 2017 So
U mean he can opt(presumptive taxation) only 44AD

13 February 2017 Yes............................................


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