If revenue receipt is mixture of both type, Bank receipt as well as cash receipt, than how to show in ITR?
Do we have to show total revenue as cash and compute 8% profit ? or we have to show both separately and compute 6% and 8% profit respectively?
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Section 44AD in ITR
Replies (5)
Quick Summary
You may show under 8%
You have to show both figures separately and declare 6% or 8% on respective receipts
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