Presumptive income from business- new scheme

Income from business under section 44 AD provides for computation of income @ 8% of the total turnover or gross receipts and 6% in case of amount of such turnover or gross receipts received through acount payee cheque, bank draft, ECS during the previous year or before the due date as per 139(1). Thus, the provision provides for tax @ 6% for part of turnover for which amount is received in e-mode (non-cash). However, it makes clear that the provision of 6% is applicable for amounts received till 31st July 2017 in case of no-audit cases for turnover till 31st March 2017, but in case the debtors are pending for realisation till 31st July 2017 than this provision shall not be applicable and the balance turnover shall be taxed at 8% even though the realisation takes place in e-form after due date of submission of ITR. If anyone has any other view, please do share on the issue.