Section 44AD query

Dhaval (Job) (794 Points)

17 March 2018  
I have some queries/doubt relating to presumptive taxation,
1. For calculation of turnover which amount is to be considered, including tax or excluding it..
2. whether 8%/6% rate is applicable on actual turnover or cash receipt
3. in case if the money is received after the end of F.Y then for which year this amount is to be taken
4. while filling itr do we need to show any balance sheet details etc....

kindly reply to my query and also help me out with any file or link where I can get more clarity on this section