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As amended upto Finance (No.2) Act 2024

Computation of presumptive income from profession under section 44ADA

S.No. Gross Receipts Presumptive Income (50% of Gross Receipts) Actual Income (%) Actual Income Actual Profit as per section 44ADA
1
Total
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Advisory: Information relates to the law prevailing in the year of publication/ as indicated . Viewers are advised to ascertain the correct position/prevailing law before relying upon any document.​
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Disclaimer:The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all circumstances. It is advised that for filing of returns the exact calculation may be made as per the provisions contained in the relevant Acts, Rules etc.
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