Any other modee

This discussion addresses concerns about declaring income under the 'Any Other Mode' column in income tax returns, particularly when using Section 44AD. The user has previously shown cash and bank turnover in this category. They are seeking clarification on whether this practice is acceptable and if it could lead to penalties from the income tax department. The advice given suggests that as long as tax is calculated at 8% on income declared under 'Any Other Mode', there should be no issue.