query on 44AE

As per  section 44 AE of the income tax act 1961 , Taxpayer  who owns less  than 10 goods carrage  and engaged  in the busniess of plying , hiring or leasing his income will be deemed as follows 

Heavy vechicle (more than 12 MT)  RS 1000/- per ton per vechile per month .This  applicable form 1/4/2018 .   ( Less  than 12MT  7500/- per vechile per month )

section 44Ad is not applicable for this business

so if I declare the income under sec 44AE, the income would be 20,000*12=2,40,000 as the total income... my question was in the form 26AS, there was an income Rs.8 lacs as per sec 194C... doesn't that crash with the income what i have declared?

No. What 26AS is showing is your gross receipt and not profit.

U/s 44AE you are declaring profit. And hence the amount of Rs 2,40,000 will be your profit and Rs. 800000 will be your gross receipt.

Yes you are right.