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Presumptive taxation under section 44AD
My total income under the head pgbp, comes to Rs. 4lakhs for the PY 2016-17. I am not yet paid any advance tax for year 2016-17. Can i opt for presumptive taxation?
Replies (3)
yes if u are running specified business falling under 44AD
yes if u are running specified business falling under 44AD
Yes...... If eligible business............. For any tax liability above Rs. 10000, interest will be liable, which dosn't seem to be.
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