Ravinder has aggregate receipt from profession of ₹45 lakhs for the previous year 2018-19. His income as per books of account is ₹20,50,000. He wants to declare income as per the presumptive provisions contained in secti
CS Executive · Tax Laws and Practice · PYQS · December 2019
Ravinder has aggregate receipt from profession of ₹45 lakhs for the previous year 2018-19. His income as per books of account is ₹20,50,000. He wants to declare income as per the presumptive provisions contained in section 44ADA. The amount of income liable to tax would be :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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