Hi team,
My query:
Assessee is an individual having two different business.
whether he can opt for presumptive taxation for one business and other business under normal provisions of the income tax act??
kindly guide me regarding this..
Thanks in advance...
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Presumptive taxation for two different business
Replies (4)
Yes, you can, for one business you can go under presumptive income & for another normal scheme, Provided you follow provisions of presumptive rules
Thank you
Presumptive taxation scheme is seperate.
Query is resolved on 28/07/2023...
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