Sir/ Madam
A Doctor is being filed ITRs regularly with all reports.
Just opinion:
Option 1
Gross Receipts 8000000
Expenses (P&L) 3800000
Net Profit 4200000
Other receipts 900000
Taxable income 5100000
Option 2
Income u/s44ADA 4000000
Other receipts 900000
Taxable Income 4900000
ln view of surcharge bracket what would be the best way or any complications even if we maintained records as usually
CAclubindia
