Hi Sir/ Madam
A Person runs pharmacy shop under his name
his turnover is 1 crore
Could some one please advise whether this Pharmacy sales eligible to Presumptive taxation
Thanks in advance
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Pharmacy shop sales presumptive taxation
Replies (1)
Yes, eligible u/s. 44AD of IT act, provided he does not having any professional income u/s. 44ADA of IT act.
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