Presumptive taxation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2017
I have a client who is engaged in the business of running taxis on hire, he is not maintaining any books of accounts so wnt to opt for presumptive scheme, under which section of presumptive scheme it will be covered & at wht rate?
19 September 2017
No presumptive taxation is for 'business of running taxis' on hire, but section 44AE is there for hiring of goods carriages.
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