44AD PRESUMPTIVE RATE ON CREDIT SALES

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(Querist)
14 April 2025 One of my client started his business in march 2025 & have turnover of 99.24 Lakhs in FY 2024-25, all the sales are credit sales and the Payment will be received in parts in FY 2025-26 all through banking channels only actual profit is around 3-4% only but still we are opting 44AD for FY 2024-25 what will be the presumptive rate applicable 8% or 6%? As the sale is classified as credit sale. (Payment will be received in parts in FY 2025-26 all through BANKING channels)
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
14 April 2025 For all the receipts (through banking mode) till the date of filing relevant ITR, you can consider 6% rate. Rest all 8%.
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Chartered Accountant

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Chartered Accountant (Querist)
14 April 2025 THANK YOU SIR FOR YOUR ADVICE
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
14 April 2025 You are welcome.

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