Is it permissible for an individual with an annual turnover or gross receipts exceeding Rs. 2,00,00,000 to opt for the presumptive taxation scheme U/s 44AD? Nine O Six April 17, 2024 10:45 Related to Business and Profession Deductions Income Tax Basics Related articles Am I eligible to claim deductions from my taxable income after adopting the Presumptive Taxation Scheme (PTS) and calculating my taxable income at 50% of my receipts? Comments 0 comments Please sign in to leave a comment.
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