https://www.taxtmi.com/highlights?id=68063 Presumptive income - enhancement of threshold limits - U/s 44AD if 95% of gross receipts and payments through no-cash mode than limit of presumptive taxation increased to ₹10 cr in case of trading concerns - Further U/s 44ADA if cash receipts are not more than 5% than presumptive taxation limit for professionals having gross receipts up to ₹75 Lakhs. en-us Fri, 03 Feb 2023 11:54:54 +0530 Fri, 03 Feb 2023 16:25:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68063 Presumptive income - enhancement of threshold limits - U/s 44AD if 95% of gross receipts and payments through no-cash mode than limit of presumptive taxation increased to ₹10 cr in case of trading concerns - Further U/s 44ADA if cash receipts are not more than 5% than presumptive taxation limit for professionals having gross receipts up to ₹75 Lakhs. Highlights Income Tax Fri, 03 Feb 2023 11:54:54 +0530 https://www.taxtmi.com/highlights?id=68063