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Presumptive taxation u/a 44ad


09 July 2017 Suppose an assessee having a total turnover of Rs.60 Lakhs, of which rs.20 Lakhs is through bank or digital mode and the rest is in cash, The amounts have been received with in due dates specified u/s 139. Can the assessee declare rs.20 Lakhs @ 6 and balance rs.40 Lakhs @ 8?

10 July 2017 Yes you can do so.........


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