What is the manner of computation of taxable income in case of a person adopting the presumptive taxation scheme of section 44ADA?
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....y Asked Questions (FAQs)<br>Income Tax<br>Ans. In case of a person adopting the provisions of sections 44ADA, income will be computed on presumptive basis, i.e. @ 50% of the total gross receipts of th....




TaxTMI
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