https://www.taxtmi.com/acts?id=41194 Two provisos are inserted to expand the presumptive taxation threshold for professionals where cash receipts do not exceed five per cent of gross receipts, increasing the eligibility threshold, and to deem amounts received by a cheque or bank draft that is not account payee as receipt in cash for the cash receipt test; these changes apply from the stated commencement and to the specified assessment year and subsequent assessment years. en-us Wed, 01 Feb 2023 15:34:20 +0530 Wed, 01 Feb 2023 15:34:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41194 Two provisos are inserted to expand the presumptive taxation threshold for professionals where cash receipts do not exceed five per cent of gross receipts, increasing the eligibility threshold, and to deem amounts received by a cheque or bank draft that is not account payee as receipt in cash for the cash receipt test; these changes apply from the stated commencement and to the specified assessment year and subsequent assessment years. Act-Rules Bill Wed, 01 Feb 2023 15:34:20 +0530 https://www.taxtmi.com/acts?id=41194