Presumptive taxation for goods carriages sets deemed income rules, ownership tests, and audit-linked compliance limits. Special provision for computing profits and gains from the business of plying, hiring or leasing goods carriages applies as a presumptive scheme for owners of not more than 10 goods vehicles and overrides contrary provisions on computation of business income. Income is computed on a deemed basis at specified monthly rates per vehicle, or at the higher amount of actual profit claimed to have been earned. A person in possession of a goods carriage under hire purchase or instalment arrangements, where the amount remains due, is deemed to be the owner for this purpose.