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Presumpative income 6% and 8%
If my 90% receipt is through banking and 10% receipt in Cash. Can i claim presumpative income 6% for 90% receipt and 8% for 10% receipt?
Replies (1)
| Originally posted by : Vijay Baraiya | ||
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If my 90% receipt is through banking and 10% receipt in Cash. Can i claim presumpative income 6% for 90% receipt and 8% for 10% receipt? |  |
YES ....banking/electronics mode bussiness receipts are eligible for 6 % (OR higher) rate of presumptive taxation and cash mode receipts for 8% (OR higher) .
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