What is the manner of computation of taxable business income under the normal provisions of the Income-tax Law, i.e., in case of a person not adopting the presumptive taxation scheme of section 44AD?

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....r>FAQs on Tax on Presumptive Taxation Scheme - Income Tax - Frequently Asked Questions (FAQs)<br>Income Tax<br>Ans. Generally, as per the Income-tax Law, the taxable business income of every person is....