Turnover Definition For Section 44ada Includes Gst


Rahul Rai
watch_later 3 years, 6 months ago

I asked about 44AD, now it is about 44ADA.

44ADA section under Income Tax is about claiming profits at 50% without maintaining books of accounts by a professional.

My question is:

What is the definition of Gross receipts or gross turnover to compute turnover for claiming benefits of section 44ada by professionals?

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