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Presumptive income tax return u/s 44AD & Long Term Capital Gain u/s 10(38)

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Can I file Income Tax Return under Section 44AD, and also claim exemption of Long Term Capital Gain u/s 10(38) for my Investment in Equity Mutual Fund?

Also can I claim deduction of Rs 1,50,000 on my investment in ELSS schemes u/s 80G?

Replies (1)

if business profit 8% of  sales 

and business turnover not more than 2 cr u can file income tax return as per 44ad 


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