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As amended upto Finance (No.2) Act 2024

Presumptive income under section 44AD)

Residential Status
Resident
Non-Resident
Resident but not ordinary Resident
S.No.
Description
Gross turnover
Profit as per Sec.44AD @ 8 %
Profit as per Sec.44AD @ 6 %
Actual profit as a % of turnover
Actual profit
1
Total turnover
Total presumptive income u/s 44AD
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