https://www.taxtmi.com/forum/issue?id=114289 Whether a taxpayer earning from online advertising may elect presumptive taxation under section 44AD by declaring the prescribed minimum profit percentage despite higher actual profit, with facts describing Google AdSense receipts and payments to non resident payees routed via domestic intermediaries. The taxpayer's CA advised collecting receipts and showing actual profit, while the reply in the record states the taxpayer can declare the prescribed presumptive profit under the scheme. en-us Fri, 02 Nov 2018 05:03:15 +0530 Thu, 23 Jan 2025 15:55:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114289 Whether a taxpayer earning from online advertising may elect presumptive taxation under section 44AD by declaring the prescribed minimum profit percentage despite higher actual profit, with facts describing Google AdSense receipts and payments to non resident payees routed via domestic intermediaries. The taxpayer's CA advised collecting receipts and showing actual profit, while the reply in the record states the taxpayer can declare the prescribed presumptive profit under the scheme. Discussion-Forum Income Tax Fri, 02 Nov 2018 05:03:15 +0530 https://www.taxtmi.com/forum/issue?id=114289