Dr. Kamlesh Pai is a cardiac surgeon. For the previous year 2020-21, his gross receipts from profession was ₹36,40,000. He wants to declare income as per the applicable presumptive provision. Determine the amount of inco
CS Executive · Tax Laws · PYQS · June 2021
Dr. Kamlesh Pai is a cardiac surgeon. For the previous year 2020-21, his gross receipts from profession was ₹36,40,000. He wants to declare income as per the applicable presumptive provision. Determine the amount of income as per the applicable presumptive provision for the assessment year 2021-22.
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax
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