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presumptive taxation
If any assesse have income more than 6% but have paid tax as per 6% assessed under section 44ad. Is balance income will be under reporting of income??
Replies (2)
No...if you opt for 44AD than you can show your income 6% or more in case of digital transactions..or 8% if you do bussiness in cash...balance income is not required to be shown
No need to show actual income....
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