https://www.taxtmi.com/forum/issue?id=120146 Whether GST forms part of gross turnover for presumptive taxation under Section 44AD and whether it can be claimed as an expense when not using the presumptive scheme; Section 145A(ii) does not expressly mention GST but provides for inclusion of taxes paid or incurred to bring goods or services to their location and condition as on the date of valuation, prompting the question of GST's inclusion in turnover versus treatment as a deductible expense outside the presumptive regime. en-us Sat, 14 Jun 2025 14:21:22 +0530 Sat, 14 Jun 2025 21:35:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120146 Whether GST forms part of gross turnover for presumptive taxation under Section 44AD and whether it can be claimed as an expense when not using the presumptive scheme; Section 145A(ii) does not expressly mention GST but provides for inclusion of taxes paid or incurred to bring goods or services to their location and condition as on the date of valuation, prompting the question of GST's inclusion in turnover versus treatment as a deductible expense outside the presumptive regime. Discussion-Forum Income Tax Sat, 14 Jun 2025 14:21:22 +0530 https://www.taxtmi.com/forum/issue?id=120146